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Alternative Market Briefing

Innovation, evolution at PAAMCO as hedge fund veteran Basil Williams joins firm

Monday, September 05, 2016

Komfie Manalo, Opalesque Asia:

The innovation and evolution within alternative investment management firm Pacific Alternative Asset Management Company (PAAMCO) have attracted hedge fund veteran Basil Williams who has joined the firm as managing director. PAAMCO also said that Williams would transition into head of Portfolio Management next year, succeeding David Weinberger who plans to retire in mid-2017.

Williams, who was most recently co-CIO of Mariner Investment Group, cited the innovation at PAAMCO as the key driver for him in joining the firm.

"Whether it is providing alternative absolute return portfolios, solving an LDI challenge or constructing bespoke completion portfolios for traditional asset class allocations, PAAMCO has become the go-to firm for the world's most sophisticated institutional investors" said Williams. "I have known the firm since its inception more than fifteen years ago and have seen how it has anticipated many of the industry developments such as transparency and separate accounts. I am delighted to be part of the organization."

PAAMCO CEO Jane Buchan also cited innovation and the evolution of the firm as a central reason for hiring Williams. "Bringing Basil on board will broaden our outreach, particularly in the area of tailored, fixed income-based solutions. His thirty-plus years of expertise will h......................

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