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Investment management firm Rockwater Hedge has added financial markets veteran Dr George Handjinicolaou to its board as an advisory member.

'George's expertise, namely in financial engineering, adds a new dimension to our business and we are honored to have him on our board,' says Bryan Williams, Managing Principal of Rockwater Hedge.
Dr Handjinicolaou is a founding member and managing partner of Etolian Capital, a capital structure arbitrage hedge fund. Prior to forming Etolian Capital, he was Managing Director at Merrill Lynch, responsible for Global Fixed Income Emerging Markets. He also held senior roles at Bank of America and UBS, was Senior Financial Officer at World Bank Group, and served as Treasurer of the International Finance Corporation.

Dr Handjinicolaou has served on the Board of Directors of the International Swaps and Derivatives Association (ISDA) and Brokertek, and on the Advisory Boards of Polytechnic University, and the International Association of Financial Engineers (IAFE). He received both a PhD and an MBA in Finance from NYU, and a BA in Economics from the University of Athens, and has lectured at NYU and Baruch College, CUNY.

'I am excited to help deliver municipal arbitrage investment opportunities to the marketplace,' says Dr.Handjinicolaou. 'Municipal arbitrage is an innovative investment strategy and fits well as a core position in both institutional and high net worth portfolios.'  

Background notes: Rockwater Hedge, LLC, an investment management and advisory firm, offers sophisticated municipal bond investing strategies for high net worth individuals and institutional investors. Bryan Williams, Founder and Managing Principal of Rockwater, developed the Rockwater Arbitrage Muni (RAM) proprietary sub-fund classification system and is a pioneer in the municipal arbitrage trading strategy with 25 years of experience in investment management.

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