Investcorp appoints new managing director
MANAMA, 25 days ago
Bahrain-based Investcorp, an alternative investment manager, has appointed Rebecca Hellerstein as managing director and cross asset strategist in the hedge funds business.
In this role, Hellerstein will have primary responsibility for fundamental cross asset and alternative risk factors research, said a report in the Gulf Daily News (GDN), our sister publication.
She will also focus on enhancing Investcorp's capabilities in liquid alternative strategies.
Hellerstein will be a member of the Hedge Funds Strategic Outlook and Investment Committees and will report directly to Hedge Funds head and chief investment officer Lionel Erdely.
"Cross asset research and alternative beta analysis have long been key components of our investment process," Erdely said.
"With her strong experience and credentials, Hellerstein will make important contributions to enhance the performance of our investment solutions and to expand our alternative beta offering."
Before joining Investcorp, Hellerstein served as a global strategist in the Global Multi-Asset Group at JP Morgan Asset Management.
As of June 30, Investcorp's Hedge Funds Group had approximately $5 billion of assets under management. This included $2.5 billionn in customised funds of hedge funds, $2.2 billion allocated to Investcorp's single manager business and $250 million in its special opportunities portfolios. - TradeArabia News Service