Hedge fund marketing and advisory firm Dexion Capital has appointed Eric Pinn, previously chief executive and head of international sales at Olympia Capital Management, as head of sales an
Hedge fund marketing and advisory firm Dexion Capital has appointed Eric Pinn, previously chief executive and head of international sales at Olympia Capital Management, as head of sales and distribution and as a member of the company’s board of directors.
At Olympia, Pinn was responsible for alternative sales in the Americas, the UK, the Nordic countries, the Middle East, Asia and Australia, substantially increasing assets in the various regions and in the Momentum fund of hedge funds product range.
Earlier he was an executive vice-president of Pioneer Investment Management, where he was responsible for the Americas, the UK, the Nordic countries, the Middle East and Australia, overseeing an increase in assets from USD900m to USD5.2bn in three-and-a-half years.
‘We are delighted to have been able to attract someone of Eric’s calibre to Dexion at this important moment in our growth,’ says group managing director Ana Haurie. ‘Dexion is now established as a high-quality developer and provider of alternative investment products in the UK, and we are confident that Eric will help us achieve our goal of building a global distribution brand in the alternatives sector.’
Pinn’s responsibilities will include driving Dexion Capital’s distribution strategy, managing its sales teams and strengthening the infrastructure to support them.
Dexion Capital was established in 2000 and researches, develops and markets hedge fund products to an international institutional investor base. Its advisory business is based on in-depth knowledge of the fund of hedge funds universe and a proprietary database of around 550 fund of hedge fund managers and groups and 1500 products.
Dexion Capital (Guernsey), established in 2002, manages around USD2.50bn in exchange-traded funds of hedge funds: Dexion Absolute, launched December 2002 with assets under management of USD1.73bn; Dexion Equity Alternative, launched in April 2004 with assets of USD309m; Dexion Trading, launched in November 2004, with assets of USD193m; and Dexion Alpha Strategies, launched April 2006 with assets of USD267m. Dexion Absolute, a member of the FTSE 250 Index, is the world’s largest exchange-traded fund of hedge funds.
Dexion’s third party single-manager marketing business was launched in 2002 and has raised more than USD1bn of assets from its two offices in London and Greenwich, Connecticut. Its strategy is to develop long-term partnerships with a small group of managers demonstrating an interesting and repeatable process, money-making skills, relatively low correlation to other strategies and an institutional-quality set-up and infrastructure.
