Richard Berger is leaving fund of hedge funds group Olympia to join Pioneer Alternative Investments (PAI) as Head of Research and Due Diligence. 

At Olympia, the Paris-based fund of hedge funds group, Berger held the position of Head of Research. He will join PAI on 3 July.

In his new role, Berger will be responsible for PAI's global research team encompassing teams in the US, Europe and Asia.  He will report directly to Paolo Barbieri, Deputy CEO and Head of FoHFs for PAI. 

Berger will also join the PAI Momentum Funds Investment Committee, completing a team which consists of Paolo Barbieri,  Alberto La Rocca, CEO PAI, Mark Barker and Gregory Knott, both CO-CIO's Fund of Hedge Funds.
Commenting on the new hire, Paolo Barbieri, said: 'Research and due diligence is a fundamental component of our investment process and I am delighted to have someone of Richard's caliber and experience joining us in this senior role. Our commitment to research and due diligence as part of a robust investment process is evidenced in both Richard's hire and the steady growth in size and global scope of our research and due diligence function over recent years.'