Mon, Nov 29, 2021
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Industry Updates

Wilshire Funds Management adds two

Friday, November 30, 2018
Opalesque Industry Update - Wilshire Associates, a leading global, independent investment management, investment consulting and services firm, today announced that Jessica Nicosia and Cian Desmond have joined Wilshire Funds Management as a Vice President and Assistant Vice President, respectively. Nicosia will assist in developing Wilshire's robust alternatives offering, supporting the firm's efforts to identify and provide customized alternative investment solutions to financial intermediaries and institutions globally. Desmond joins Wilshire's Manager Research Group, primarily focused on alternative investment strategies.

"It is with great pleasure that we welcome Jessica and Cian to Wilshire, particularly as investor interest in alternatives increases. These additions to our team are a direct reflection of the firm's commitment to enhancing our alternatives expertise," said Jason Schwarz, President of Wilshire Funds Management and Wilshire Analytics. "Jessica's multifaceted experience in the space will bolster the firm's ability to innovate across our full range of alternatives solutions, including risk premia and hedge fund managed accounts. Further, Cian's alternative investment research and manager selection experience for institutional and ultra high-net-worth clients deepens Wilshire's alternatives research capabilities."

Nicosia brings to Wilshire 15 years of experience in the alternative investment industry. Prior to joining Wilshire Associates, she held roles with a focus on marketing quantitative hedge funds at R. G. Niederhoffer Capital Management, Vegasoul and J. E. Moody & Company.

Desmond brings eight years of industry experience. Prior to joining Wilshire Associates, he was the Director of Alternative Investment Research at Shepherd Kaplan Krochuk, LLC in Boston with primary responsibility for developing investment strategy, conducting alternative investment research, and leading manager selection across asset classes. Prior to relocating to Boston, he worked in the alternative investment research group at Canterbury Consulting.

"I am thrilled to be joining Wilshire and its long history as a leading provider of alternative investment solutions," said Nicosia. "I look forward to working alongside Jason and his team to further enhance the firm's already strong alternatives offering and am excited about what we can deliver to Wilshire's clients."

Added Desmond, "I am very excited to join Wilshire's alternatives team and am eager to bring a differentiated perspective to an already robust investment research process."

Nicosia will be based in New York and report to Schwarz, while Desmond will be based in Santa Monica, reporting to Rob Noe, Head of Wilshire's Manager Research Group.

Wilshire Funds Management is Wilshire's dedicated business unit responsible for developing and delivering a broad range of multi-asset and alternative investment solutions to financial intermediaries and institutions globally. Wilshire Funds Management advises on over $184 billion in assets and manages over $50 billion on a discretionary basis (as of June 30, 2018).

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. PE/VC: Moody's warns of 'systemic risks' in private credit industry, Sequoia to restructure itself away from traditional VC model, Modeling private equity market beta, VC investors pour money into Chinese start-ups despite regulatory crackdown[more]

    Moody's warns of 'systemic risks' in private credit industry From FT: The burgeoning private credit industry of lending to buyout groups has grown to about $1tn, but opacity, eroding standards and the difficulty in trading these slices of debt pose "systemic risks", according to rating

  2. PE/VC: Private equity M&A frenzy has cautious undertones, Venture capital exit values soar, Private equity and venture capital drove outsized returns at Bowdoin, Harvard, and the University of Pennsylvania, Private equity tops explosive tech growth as returns rocket[more]

    Private equity M&A frenzy has cautious undertones From Reuters: Private equity dealmakers are in two minds. Buyout barons, led by titans like Blackstone boss Steve Schwarzman, are on track for a record year for takeovers. Yet they're also offloading companies at a much faster pace than

  3. SPACs: Trump-tied SPAC seeks Wall Street support, Nextdoor surges in public market debut after SPAC merger, Barrows Hotel Enterprises considers SPAC merger, Aussie SPAC targets big deal after NASDAQ IPO[more]

    Trump-tied SPAC seeks Wall Street support From Al Jazeera: Day traders and Reddit enthusiasts helped fuel a spectacular rally in Digital World Acquisition Corp shares, which reached a closing high of $94.20 last month before leveling out to recently trade around $60. The blank-ch

  4. Tiger funds change some stripes, Melvin Capital's comeback plan, What's behind Sachem Head's surge?, One of Asia's oldest hedge funds is buying distressed China debt[more]

    Tiger funds change some stripes From Institutional Investor: Falcon Edge, Light Street, Lone Pine, Viking, and Hound made significant buys and sells in the third quarter. Falcon Edge Capital Management exited its two largest U.S. long positions in the third quarter, according to

  5. Opalesque Exclusive: TRF - the right product at the right time (part 1)[more]

    B. G., Opalesque Geneva: Eurex, an international derivatives exchange and a member of the Deutsche Börse Group, has been churning out its pioneering Total Return Futures (TRF) since 2016. In a