Opalesque Industry Update - Cube Capital, the $1.3 billion global alternatives investment firm, has hired Shailen Modi as the new Chief Operating Officer.
Shailen will be responsible for Cube’s worldwide operations, finance, and technology functions, as well as being a member of the Risk Committee. He is a UK-qualified accountant with more than 20 years’ experience in operational and financial roles. He will assume the role on 1st August.|
He comes from Fauchier Partners, a Fund of Hedge Funds where he was a Partner and CFO/COO until June 2012. There he focused on the management of the business and fund operational risks and served as Chairman of the Product Committee, with responsibility for product development from fund accounting to client services. His original role with Fauchier began in 2001 when he served as COO/CFO of the joint venture between Fauchier Partners and BNP Paribas Asset Management fund of hedge fund business.
Peter Madsen, Head of Marketing at Cube Capital, said: “We are very pleased to have Shailen join us. His long-standing experience in overseeing operations for institutional hedge fund firms will be especially valuable to our business and institutional client base.”
Scott Gibb, partner and fund manager at Cube Capital spoke at the Opalesque UK Roundtable 2013. You can read that roundtable here.