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Opalesque Exclusive: P-Solve Alternative Investments strengthens team with appointment of Quantitative Risk Manager
P-Solve Alternative Investments (“PAI”), a $375m fund of hedge funds manager,
today announced the return of Dr Lee McCulloch-James as Quantitative Risk
Manager. Mr McCulloch-James rejoined the PAI team on 13 July 2007. He will report
to Jabir Sardharwalla, Chief Investment Officer of PAI.
Dr Lee McCulloch-James first joined PAI in December 2004 as Quantitative Risk
Manager. He was previously a Risk Software Consultant at BARRA International (later
MSCIBarra). He has a 1st class honours degree in Physics and Mathematics and has a
Masters and a Doctorate in Mathematical Physics from University College, Dublin and
King’s College, London respectively.
PAI has three funds of hedge funds listed on the Irish Stock Exchange and one fund
of hedge funds listed on the London Stock Exchange for institutional investors and
high net worth individuals. Each fund has performed well this year with the io
Defensive Equity Fund and the Select Opportunities Fund in particular making
strong returns.
Estimates to June 2007 show the io Defensive Equity Fund has returned
+9.29% YTD and +18.5% over twelve months with a volatility of 4.13%. Further
more, the fund has experienced an unbroken twelve month period of positive
growth. In addition, PAI’s Select Opportunities Fund** has returned +10.86%
YTD, +19.68% over the last twelve months with a volat...................... To view our full article Click here
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