Thu, Apr 25, 2024
A A A
Welcome Guest
Free Trial RSS pod
Get FREE trial access to our award winning publications
Industry Updates

Commonfund appoints ex-Goldman Sachs risk management specialist as new head of market risk

Monday, July 16, 2012
Opalesque Industry Update - Commonfund, a prominent investment manager for institutional investors, today announced it has hired former Goldman Sachs risk management specialist Irakli Odisharia as a new Director on its Risk Management Team. Reporting to Commonfund’s Chief Risk Officer David Belmont, Mr. Odisharia will be responsible for enhancing quantitative market risk analytics in addition to stress testing Commonfund client portfolios and funds.

“In the current economic climate and global political landscape, risk management is more critical than ever before, but also much more complex,” said David Belmont, Commonfund Chief Risk Officer. “Irakli brings with him a multi-asset class perspective on risk analysis and modeling which will ultimately provide our clients and underlying managers with a clear understanding of the risk/return profile of their portfolios.”

Mr. Odisharia will play a critical role in the advancement of Commonfund’s proprietary economic and liquidity stress test models across all multi-asset portfolios and funds. He will also be responsible for the preparation and presentation of market analysis developments.

“The correlation between the markets and geo-political factors create new risk management challenges. An environment which requires advanced thinking about risk factors, both on macro and micro levels,” continued Belmont. “Irakli will add immediate value to the Commonfund Risk Management team as we continue to develop highly advanced factor-based and accessible risk analysis for our clients and the industry.”

Prior to joining Commonfund Mr. Odisharia was with Goldman Sachs Asset Management as a member of their Market Risk Modeling team. He also worked in Goldman Sachs’ Equities Division and its Equity Volatility Group. He holds a PhD in Physics from New York University where he was also a teaching assistant. Press release

bc

What do you think?

   Use "anonymous" as my name    |   Alert me via email on new comments   |   
Previous Opalesque Exclusives                                  
Previous Other Voices                                               
Access Alternative Market Briefing

 



  • Top Forwarded
  • Top Tracked
  • Top Searched
  1. KKR raises $6.4bn for the largest pan-Asia infrastructure fund[more]

    Laxman Pai, Opalesque Asia: The New York-based global investment firm KKR has raised a record $6.4bn for its second Asia-focused infrastructure fund, underlining investors' continued appetite for private markets. According to a media release from the alternative assets manager, the figure top

  2. Bucking the trend, top hedge fund makes plans for a second SPAC[more]

    From Institutional Investor: SPACs aren't dead. At least not to the folks at Cormorant Asset Management. The life sciences firm, whose hedge fund topped its peers in 2023, is confident it will match the success of its first blank-check company. Last week, the life sciences and biopharma speciali

  3. Benefit Street Partners closes fifth fund on $4.7 billion[more]

    Bailey McCann, Opalesque New York: Benefit Street Partners has closed its fifth flagship direct lending vehicle, BSP Debt Fund V, with $4.7 billion of investable capital across the strategy. Benefit Street invests primarily in privately originated, floating rate, senior secured loans. The fun

  4. 4 hedge fund themes that are working in 2024[more]

    From The Street: A poor earnings report from Tesla (TSLA) has not hurt the indexes on Thursday. The decline in Tesla stock, which is losing its position in the Magnificent Seven pantheon, is more than offset by strong earnings from IBM (IBM) and ServiceNow (NOW) . In addition, the much higher-t

  5. Opalesque Exclusive: A global macro fund eyes opportunities in bonds[more]

    Bailey McCann, Opalesque New York for New Managers: Munich-based ThirdYear Capital rebounded in 2023, following a tough year for global macro. The firm's flagship ART Global Macro strategy finished the year up 1