Peter W. Grieve Benedicte Gravrand, Opalesque Geneva:
Peter Grieve, who was managing director at Goldman Sachs for more than 25 years, has just become Partner at Beachhead Capital Management, LLC, a hedge fund advisory firm that manages several accounts (totalling an estimated $80m in AuM) since 2012, with offices in New York and Lexington, MA.
He will lead the firm’s creation of a marketing and client service organization and infrastructure. Luke Chapman, currently Grieve’s partner in several private ventures where he oversaw capital raising and client relations and former Captain and Infantry Officer in the Marines, will join him as Principal. Both will be based in Beachhead’s Lexington offices.
According to Beachhead’s announcement, Grieve co-founded and presently serves as Chairman of Cordia Bancorp Inc., the bank holding company for Bank of Virginia. He is a current member of the Investment Committee of the US Naval Academy Foundation, serves on the Board of Directors of both the Mission Continues, a non-profit focused on community service for returning veterans, and Grassroot Soccer, a non-profit focused on the prevention of the spread of HIV.
On a separate note, the Beachhead Alternative Access Fund, L.P. returned 3.03% net of fees and expenses in September 2013, and 6.91% YTD (the HFRX Global HF Index is up 4.30% YTD). Incepted in May 2007 (formerly named Stonebrook Alternative Beta Fund I, L.P. and B......................
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