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Ramius Fund of Funds Group, manager of a range of institutional fund of hedge funds products and managed accounts, has appointed Vikas Kapoor, a former managing director at Arden Asset Management, as a managing director and head of risk management, and a member of the group's investment management committee.

'We are extremely pleased to welcome Vikas to Ramius Fund of Funds Group,' says chief executive officer and chief investment officer Thomas W. Strauss. 'He has extensive risk management, infrastructure and technology experience, and we look forward to leveraging his expertise as we continue to grow our business and meet the needs of our global client base.'

Says Kapoor: 'Ramius is a premier global alternative investment firm, and the fund of funds group is one of the best in the industry. I look forward to working with such a strong team and contributing to the group's future success.'

At Arden, Kapoor focused on risk management, technology and infrastructure and was a member of the firm's investment committee. He was involved in portfolio construction and risk management at both portfolio and sub-manager levels, and provided oversight for Arden's technology and infrastructure initiatives.

Previously he was a managing director with Deutsche Bank's absolute return strategies group where he also focused on risk infrastructure and technology for both the single manager and fund of funds business.

Ramius Fund of Funds Group, a joint venture between Ramius and Bayerische Hypo-und Vereinsbank, offers a range of institutional funds of hedge funds and managed products to a global client base. Ramius is a privately-owned global alternative investment firm managing some USD12bn, with headquarters in New York and offices in London, Tokyo, Hong Kong, Munich and Vienna.

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