Sat, Aug 23, 2014
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Alternative Market Briefing

Beachhead Capital hires two for new marketing infrastructure, quant fund up 6.9% YTD

Tuesday, October 08, 2013

amb
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......................

To view our full article Click here

Today's Exclusives Today's Other Voices More Exclusives
Previous Opalesque Exclusives                                  
More Other Voices
Previous Other Voices                                               
Access Alternative Market Briefing
  • Top Forwarded
  • Top Tracked
  • Top Searched
  1. Institutions – Texas Employees sets 2015 tactical plan for alternatives, CalPERS' real estate consultant cautions the pension fund's investment committee, Why Sunsuper likes hedge funds[more]

    Texas Employees sets 2015 tactical plan for alternatives From PIOnline.com: Texas Employees Retirement System will invest in up to four new hedge funds in the next fiscal year, which begins Sept. 1. Trustees approved 2015 tactical investment plans for the hedge fund, private equity and in

  2. Private equity follows hedge funds into reinsurance for long-term capital[more]

    From Artemis.bm: It’s not just hedge funds that are entering the insurance and reinsurance market in search of so-called long-term capital to put to work in their strategies, private equity firms targeting the space are also seeking opportunities to add assets under management. The entry of large pr

  3. North America – New York City’s next hot neighborhoods targeted with property funds[more]

    From Bloomberg.com: New York’s real estate world is filled with tales of ordinary people who bought property decades ago and saw values skyrocket to the millions. Seth Weissman is seeking investors to get in early on the next hot neighborhoods. The veteran of Goldman Sachs Group Inc. and hedge

  4. Investing – George Soros bets $2bn on stock market collapse, Warren Buffett's Berkshire reveals Charter stake, cuts DirecTV, Hedge funds lusting to cash out of MGM, Top hedge fund managers are buying Ally Financial, Hedge funds dumped 5m Herbalife shares in Q2, Paulson & Co hedge fund ups Puerto Rico real estate bet, Netflix Inc., Citigroup Inc, Google Inc are top new picks in Tiger Management’s 13F[more]

    George Soros bets $2bn on stock market collapse From Newsmax.com: Billionaire investor George Soros has increased his financial bet that U.S. stocks will collapse to more than $2 billion. The legendary hedge fund manager has been raising his negative bet on the Standard & Poor's 500 Inde

  5. Investors now net short S&P500 and increased Russell shorts, technicals suggest further selling[more]

    Komfie Manalo, Opalesque Asia: Market Neutral funds increased their market exposure to -1% net short from -6% net short last week, according to Bank of America Merrill Lynch’s Hedge Fund Monitor. The report also added