Tue, Mar 28, 2017
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Industry Updates

Lapkin named president and coo of Hedgemark Institutional Consultants

Monday, January 31, 2011
Opalesque Industry Update – Co-Founder and former President and COO of Measurisk, LLC will have responsibility for the selection, due diligence and monitoring of funds on the HedgeMark platform.

(“HedgeMark”) announced today that Andrew S. Lapkin has been named President and Chief Operating Officer of HedgeMark Institutional Consultants LLC, a wholly-owned subsidiary. In his new role, Lapkin will be responsible for the selection, due diligence, and monitoring of funds on the companyʼs managed accounts platform. One of the leading figures in the global hedge fund risk management industry, Lapkin co-founded Measurisk in 1999 and oversaw the development and implementation of the companyʼs industry-leading risk systems. He subsequently served as President and Chief Operating Officer at Bear Measurisk, LLC and, following the sale of that company to J.P. Morgan, of Measurisk, LLC.

“Andrew has been a central figure in the development and implementation of the systems necessary to properly understand and monitor hedge fund risk and performance utilizing transparency-based holdings characteristics,” said Kenneth S. Phillips, Chief Executive Officer and Founder of HedgeMark. “He brings a tremendous depth of experience across a broad range of hedge fund strategies, risk management techniques, and securities analysis to our company. We are extremely pleased to have him join our team.”

“Ken and his colleagues have built a cutting edge platform that addresses the key issues of concern to hedge fund investors: transparency, liquidity, control, governance and risk management,” said Mr. Lapkin. “I am thrilled to be joining the team here at HedgeMark and look forward to contributing to the companyʼs growth.”

Prior to starting Measurisk, Lapkin was a Vice President in risk management services at Bankers Trust Company. He began his career at Andersen Consulting. Lapkin is a graduate of Lafayette College and holds a Masters of Business Administration from Columbia Business School.

HedgeMark offers the first comprehensive, end-to-end hedge fund managed accounts platform. The platform features a fully integrated suite of technology modules that includes platform fund due diligence, portfolio construction and back-testing, holdings-based risk analytics and reporting, stress test analytics, and a comprehensive compliance surveillance engine. Through the HedgeMark platform, investors can access a broad range of pre-approved funds and strategies. The platform then allows users to build, analyze, and monitor their diversified alternative investments with the option of integrating and aggregating this position-based data with their traditional investments.

(Press release)

About HedgeMark

Founded in 2009 with offices in Los Angeles and New York, the HedgeMark platform supports a broad range of institutional investors and fund managers, including pensions, endowments, foundations and funds of hedge funds. More information is available at www.hedgemark.com

BC

What do you think?

   Use "anonymous" as my name    |   Alert me via email on new comments   |   
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. Hedge fund liquidations in 2016 surpass 2009 levels, new launches decline[more]

    Benedicte Gravrand, Opalesque Geneva: Even as the hedge fund industry's total assets exceeded the $3tln milestone last year, hedge fund liquidations increased. So much so that 2016 had the highest number of liquidations since 2008, claims the latest HFR Market Microstructure Report, re

  2. Hedge funds find no joy in macro as returns lag Trump rally[more]

    From Gulfnews.com: In 2017, macro hedge funds were expected to shine. So far? Not so much. It's been a far from impressive first two months for funds that trade around macroeconomic events. Discretionary funds rose just 0.3 per cent through February, according to Hedge Fund Research Inc., while the

  3. Strategies - Billionaire investor Marc Lasry shares how he's playing markets right now, Classic models are failing FX hedge funds desperate for return[more]

    Billionaire investor Marc Lasry shares how he's playing markets right now From CNBC.com: Buy on the prospect of deregulation. Sell on the enactment of deregulation. That's the strategy that billionaire investor Marc Lasry is implementing, according to an interview with CNBC in Las Vegas

  4. Opalesque Exclusive: Aberdeen makes the case for the lower mid-market[more]

    Bailey McCann, Opalesque New York: Aberdeen Asset Management has released a new paper focused on lower mid-market private equity. According to the paper, this segment of the private equity market is gaining popularity with private equity investors that are looking for multiple expansion and less

  5. Hedge funds await outcome of French elections, feel pinch on lower oil prices & weak dollar[more]

    Komfie Manalo, Opalesque Asia: Hedge funds felt the pinch of lower oil prices and weak U.S. dollar as the Lyxor Hedge Fund Index was marginally down as of the week ending 14 March, Lyxor Asset Management said in its Weekly Briefing. The Lyxor He