Wed, Apr 8, 2020
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Industry Updates

Hedge fund FORT names president, head of IR

Wednesday, May 09, 2018
Opalesque Industry Update - FORT LP, a multi-strategy quantitative investment adviser founded in 1993 by Yves Balcer and Sanjiv Kumar, announced that veteran asset management executive Stu Bohart is joining the firm as President, based in New York. He is one of several new executive appointments made by the firm.

Mr. Bohart brings over 25 years of experience in the asset management and securities industry. Most recently he served as President of the Liquid Markets business of Fortress Investment Group. During his tenure at Fortress, he served on both the Management and Operating Committees. Prior to Fortress, Mr. Bohart held a variety of senior positions at Morgan Stanley, including Global Head of Prime Brokerage and Head of Alternatives, eventually being named co-Head of the Asset Management Division and serving as a member of the Morgan Stanley Management Committee.

Mr. Bohart joins FORT as the firm continues to grow following a minority investment by Petershill II, an investment fund managed by Goldman Sachs Asset Management, in late 2015. FORT currently manages $5.4 billion on behalf of institutional and high net worth investors globally across both futures and equities strategies.

"We are thrilled to have Stu join us as President," Alan Marantz, Managing Partner at FORT, said. "Stu brings with him significant experience across a number of diverse roles in asset management. We are confident he will help us build on FORT's success by advancing the firm's research agenda, as we continue to focus on delivering strong and uncorrelated investment solutions to our clients."

Further reflecting the firm's investment in its people, FORT announced the arrival of two other senior members:

Christopher Snyder joins as General Counsel. Mr. Snyder spent nearly 10 years at King Street Capital Management as associate General Counsel. He previously was a senior associate at Latham & Watkins working in M&A and private equity transactions, as well as a corporate associate at Cravath, Swaine, & Moore.

Sara Wolkoff joins to lead Investor Relations, covering existing client relationships. Ms. Wolkoff previously spent almost 13 years at Goldman Sachs Asset Management. During the majority of her tenure, she served as a hedge fund allocator focused on CTA and global macro strategies. She becomes a dedicated resource for FORT's current client base.

"As our business has grown, we've been fortunate to be able to attract high-quality talent," Mr. Balcer said. "As our General Counsel, Chris Snyder brings substantial legal experience from a major hedge fund and two of the country's leading corporate law firms, and we are confident he will advise FORT in navigating our next phase of development. At the same time, we are excited to have Sara Wolkoff join us as a dedicated IR resource to our clients. Sara will ensure our investors receive superior service along with the transparency they require, a role in which we think she will excel given her considerable experience as an allocator in the quant space."

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. Investing: Ray Dalio's Bridgewater scales down European short bets after $3.2bn windfall, Here's what top hedge funds are buying in the coronavirus stock market crash[more]

    Ray Dalio's Bridgewater scales down European short bets after $3.2bn windfall From Financial News: Bridgewater Associates, the world's biggest hedge fund, has retreated from shorting European stocks after making an estimated €2.9bn ($3.2bn), as its founder and co-chairman Ray Dalio c

  2. Bill Ackman writes letter to shareholders on coronavirus[more]

    Pershing Square Holdings (PSH)'s Bill Ackman wrote a letter to investors outlining his insight on the coronavirus pandemic in the United States. He revealed that PSH completed the process of exiting the hedges on 23 March, netting a gross $2.1bn for PSH, after turning 'increasingly positive on equit

  3. New Launches: LGPS Central sets up investment grade bond fund, Leeds Equity Advisors aims to raise $1bn for PE fund, RLI Investors to launch European last-mile logistics fund, DBL Partners IV targets $450m[more]

    LGPS Central sets up investment grade bond fund From IPE: LGPS Central, the asset pooling vehicle for eight local government pension schemes (LGPS) based in England's Midlands, has launched a global investment grade corporate bond fund in order to meet its partner funds' needs. The po

  4. Investing: Marathon sees cheap assets amid dislocation in credit, Deerfield's health care buying spree, It's time to buy shares again, says BlackRock, Credit Suisse, Fed is buying credit ETFs but one hedge fund is shorting them[more]

    Marathon sees cheap assets amid dislocation in credit From Bloomberg: Distressed-investment specialist Marathon Asset Management is buying beaten-up debt amid the greatest dislocation in credit markets since 2008, according to Bruce Richards, co-founder and chief investment officer of the

  5. People: Carlyle picks 2 deputy heads for Japan buyout advisory team, Ex-Kleinwort Hambros adviser takes senior role at multi-family office boutique[more]

    Carlyle picks 2 deputy heads for Japan buyout advisory team From PIonline.com: Takaomi Tomioka and Hiroyuki Otsuka were named deputy heads of the Japan buyout advisory team at Carlyle Group. The positions are new, confirmed a spokeswoman for the New York-based private markets investment g