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Laxman Pai, Opalesque Asia: Basil Williams joined systematic global macro specialist Welton Investment Partners as president, a new position.
Williams joins Welton's senior leadership in managing the overall business, including oversight of the firm's investment products, operations, and expansion initiatives, said a press release from the alternative asset management firm.
Based in New York City, Williams will report to Dr. Patrick Welton, CEO and CIO, it said.
Williams brings deep general management experience as a 30+ year industry leader, both as an investment manager and allocator. He is a proven investor in alternative strategies having traded a broad suite of relative value strategies during his 20 years at Concordia Advisors.
Moreover, he brings C-suite experience having built and led hedge fund businesses at Concordia and Mariner Investment Group. Most recently he was the Head of Portfolio Management at PAAMCO, one of the largest alternative allocators and emerging manager investors.
"Basil is a tremendous addition to our team. His broad leadership expertise and strong track record as an investor will directly enhance our capabilities and catalyze initiatives to broaden our global client partnerships," said Patrick Welton.
Welton Investment Partners, which manages $1bn in assets, is a privately-owned, alternative asset management firm co-founded by Dr. Patrick Welton to provide investors long-term capital appreciation with no corre...................... To view our full article Click here
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