Industry Updates

Concordia announces Cathleen Rittereiser as Director of Investor Relations and Business Development

Thursday, November 11, 2010

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Opalesque Industry Update - Concordia Advisors, a global independent hedge fund manager, today announced the appointment of Cathleen Rittereiser as Director of Investor Relations and Business Development. In stepping into this new role, Rittereiser will initiate and manage relationships with institutional investors and advise Concordia on communications strategy.

Rittereiser is the co-author of two books, Top Hedge Fund Investors: Stories, Strategies, and Advice (Wiley, 2010) and Foundation and Endowment Investing (Wiley, 2008), and has over 20 years of experience in sales, marketing and relationship management roles with leading asset management and financial services firms, including Symphony Asset Management and Alternative Asset Managers. Rittereiser writes and speaks extensively on key industry issues and challenges facing investors and asset managers.

Rittereiser began her career at Merrill Lynch, where she worked with Concordia’s CEO, Basil Williams. Rittereiser received her BA from Franklin and Marshall College and her MBA from New York University, Leonard N. Stern School of Business.

Concordia’s CEO, Basil Williams, said: “We are excited to welcome Cathleen as the newest member of Concordia’s team. As the author of two books about institutional investors, Cathleen is a notable industry thought leader with extensive knowledge and understanding of hedge funds and hedge fund investors. Her arrival adds a unique and valuable perspective to our marketing efforts and investor relations services. At the same time it demonstrates our commitment to being at the forefront of investor education and understanding and meeting the changing needs of our investors.

Williams added: “Concordia has a longstanding commitment to identifying and acting upon opportunities amid change and uncertainty in ways that spell success for our investors. Cathleen’s hire reflects our recognition that investors are actively seeking consultative, solutions oriented managers who demonstrate leadership in all facets of their business, including investments, operations and client service.”

“My experience interviewing and profiling more than 20 leading institutional investors has taught me a great deal and convinced me that hedge funds will only grow in importance as a component of institutional portfolios,” said Rittereiser. “However, as I learned from the legendary Frank Meyer, hedge funds must manage their businesses as well as they manage their portfolios. Institutional investors need managers that offer compelling investment opportunities and robust, client-oriented businesses. As a strong, mid-size firm with an institutional-class team, infrastructure, oversight and experience, and a record of consistent performance, Concordia Advisors embodies these essential characteristics and is very well poised to meet the needs of institutional investors.”

(press release)

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