Mon, Feb 2, 2015
A A A
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

Bg

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. Opalesque Exclusive: Ex-Citi trader launches 'sleep-at-night’ long/short equity fund[more]

    Benedicte Gravrand, Opalesque Geneva for New Managers: After working at Citi's proprietary trading desk, managing a large portfolio between 2008 and 2011, Joel S. Salomon founded SalaurMor Management in New Yor

  2. Investing - U.S. investors favor currency hedged Europe ETFs as euro tumbles, Quants win back investors as Swiss franc fuels volatility gains, David Einhorn's $7bn hedge fund is loading up on this stock, Hedge fund BlueMountain Capital unveils Ocwen Financial short, claims default on notes[more]

    U.S. investors favor currency hedged Europe ETFs as euro tumbles From Reuters.com: U.S. investors stung by the falling euro who want to stay invested in Europe are turning to exchange-traded funds designed to strip out the impact of the region's currency. The biggest among so-called "cur

  3. News Briefs - Millennials use tech tools to jump into investing, Winklevoss twins to launch bitcoin exchange with FDIC insured deposits, Robertson’s legacy from hedge funds to New Zealand, Real estate managers exploring smaller open-end funds[more]

    Millennials use tech tools to jump into investing It is the Facebookification of monetary investing. From social networking platforms that enable young investors to stick to every other's stock-picking mojo, to internet sites for initially-timers hungry for a piece of the Silicon Valley

  4. Update: Prosecutors seek 12 years for hedge fund manager Francisco Illarramendi[more]

    Komfie Manalo, Opalesque Asia: Federal prosecutors have asked the court to sentence convicted hedge fund manager Francisco Illarramendi to 12 years imprisonment for running an elaborate Ponzi scheme that bilked investors hundreds of millions in dollars, including a Venezuelan pension fund, report

  5. Institutions - Ontario pension fund leader calls all asset classes ‘expensive’, Taiwan's BLF plans $2bn in alternative mandates[more]

    Ontario pension fund leader calls all asset classes ‘expensive’ From WSJ.com: The head of one of the world’s largest pension funds said that across asset classes, “everything is expensive.” Ron Mock, who leads Canada’s $141 billion Ontario Teachers’ Pension Plan, said that the plan would