Mapleridge Fund has elected Keith L. Day as chair and an independent member of its board of directors.

Mapleridge Capital, a systematic asset management firm, is the investment adviser for Mapleridge Fund.

Day brings Mapleridge Fund’s board of directors to four members.

“We are very pleased to have Keith join the board. His experience with organisations across many categories of the financial services industry coupled with an in-depth understanding of the alternative investment industry is a perfect combination,” says James Keyes, president and director, Mapleridge Fund.

Day has more than 30 years’ experience in trading financial and commodity instruments and investing in hedge funds and commodity trading advisers. He has extensive experience in the alternative investment arena and most recently worked for a large sovereign wealth fund as senior portfolio manager, managing multi-billion dollar portfolios of investments in hedge funds and CTAs and was responsible for manager selection, portfolio construction and risk management.

Day has been involved in asset management, trading, managing trading operations for large investment banks and trading organisations, served as London manager of a US hedge fund, CTA senior partner, and worked at a trading company, broker and investment bank.