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Alternative Market Briefing

2014 starts year with a slew of new hires from alternatives

Wednesday, January 08, 2014

amb
Michael Singer
Komfie Manalo, Opalesque Asia:

The start of 2014 marked a slew of several new hires from the alternative investment space.

Ramius LLC, the $9bn global investment management business of Cowen Group, Inc. said that Bradley Sussman would be joining the firm as managing director and head of liquid alternative products. In his role, Brad will be responsible for the firmís mutual fund platform and growing its suite of liquid alternative products.

Sussman was managing director, hedge fund strategist, at Merrill Lynch where he has been a member of the Investment Committee for Alternative Investments and head of non-traditional mutual fund due diligence.

Michael Singer, Chief Executive Officer of Ramius, commented, "Brad, a veteran in the alternatives space who has spent his career constructing and overseeing portfolios of hedge funds and more recently leading the sourcing and diligence of alternative mutual funds, is uniquely qualified to lead our liquid alternatives business. He has been at the forefront of the movement to offer contemporary liquid alternative strategies to retail and mass affluent investors, products historically in the domain of sophisticated institutional investors only. Bradís mandate will be to develop bolt on products to existing firm investment capabilities and onboard talented investment teams in order to deliver to the market the right liquid products in the right space managed by the right teams."

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