Wed, Oct 7, 2015
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Industry Updates

InfraHedge hires hedge fund industry veteran Robert Picard as President, North America

Friday, March 15, 2013
Opalesque Industry Update - InfraHedge, the State Street-owned managed account platform with over $7.6 billion of client assets, today announced it has appointed Robert Picard to the newly-created role of President, InfraHedge North America.

Picard will lead InfraHedge’s North American business and further strengthen the firm's global management team. He brings more than 20 years’ experience and a deep knowledge of the hedge fund industry. He will report directly to Akshaya Bhargava, InfraHedge's Co-Founder and Chief Executive Officer.

"Robert has been closely involved with InfraHedge since 2012, initially as a Senior Advisor, and his input has been incredibly valuable,” said Bhargava. “In the light of our current and projected growth over the next two years, we are very pleased to have someone of his caliber joining our business in North America.

His expertise in managed accounts and visible enthusiasm for next generation solutions for the hedge fund industry will benefit both our clients and our firm.”

"I am delighted to be leading InfraHedge in North America; it is a unique model in the managed account industry and is already playing an important role in driving the evolution of this sector towards greater investor choice and transparency,” added Picard. “Its pure-play and conflict-free business model, solely focused on providing infrastructure for dedicated separately managed account programs for large institutional clients, was one of the main things that attracted me to the role.”

Picard has hands-on experience building three multi-billion dollar hedge fund platforms at The Carlyle Group/Rock Creek, Optima Fund Management and RBC Capital Markets. Most recently he has been a leader at Lyxor Asset Management, Navigant Consulting’s Financial Institutions Restructuring and Solutions Team (FIRST) and Boxtree Capital LLC (his own firm), as Managing Partner advising emerging hedge fund managers.

Mr. Picard graduated from College de Genève and attended the University of Geneva School of Law.

Press release


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. U.S. hedge funds prepare for worst finish this year since 2008[more]

    Komfie Manalo, Opalesque Asia: U.S.-focused hedge funds are preparing for their worst year since the 2008 global financial crisis, following a series of letdown including the market sell-off in August and the sell-off in healthcare and biotechnology sectors last month, reported

  2. Investing - AQR Capital and Renaissance Technologies raise stakes in Southwest Airlines[more]

    From In the previous part of this series, we saw how institutional investors played Southwest Airlines (LUV) in 2Q15. Now let’s move on to the trades executed by key hedge funds in Southwest Airlines over the same period. … Most of the hedge funds that had significant exposu

  3. DoubleLine’s Jeffrey Gundlach warns of another round of market shakedown[more]

    Komfie Manalo, Opalesque Asia: DoubleLine Capital co-founder Jeffrey Gundlach is painting a bleak future as he warned that the U.S. equity market and other risk markets, such as high-yield "junk" bonds, are facing another round of selling pressure. Gundlach said in an interview with

  4. A hedge fund strategy that seems to have fizzled[more]

    From The hedge fund strategy that has attracted the most money this year is on course to cause some of the biggest losses for investors, in the latest example of the dangers of going with the crowd. Institutions and individuals have piled an estimated $20 billion (Dh73 billion) into ma

  5. Hedge fund Barnegat survives September’s market selloff[more]

    Komfie Manalo, Opalesque Asia: Bob Treue’s $679 million Barnegat Fund proved resilient after another month of market letdown as the hedge fund gained 2.2% last month, bringing its year-to-date gains to 2.8%. Treue said in his monthly report to i