Alternative investments provider Equinox Financial Group has made two promotions in its portfolio management team.
Effective 1 November, Ajay Dravid will become the chief investment officer of Equinox Institutional Asset Management and Rufus Rankin will assume the role of director of research of Equinox Institutional Asset Management.
"These promotions will strengthen the leadership within Equinox Funds' portfolio management and research team and underscore the firm's commitment to 'Building Better Alternatives,''' says Robert J Enck, president and chief executive officer of Equinox. "Both Dr. Dravid and Dr. Rankin have been instrumental in the conception, development and implementation of new products and portfolio management strategies at Equinox Funds.”
Dravid joined Equinox Fund Management as a portfolio manager in January 2011 with more than 25 years of experience in industry, academia, and financial services. Prior to joining Equinox Fund Management he was the president of Saranac Capital Management – a separate entity spun out from Citigroup – managing more than USD3 billion in hedge fund assets.
Rankin has been a part of Equinox Funds' portfolio management team since January 2011. Prior to that, he served as a product development manager at Equinox Financial Solutions, an affiliate of Equinox. Over the last few years, Rankin has also been engaged in the development and implementation of new product initiatives at Equinox Funds.
