Sciens Capital Management Group has appointed Farhang Mehregani as chief investment officer of Sciens Alternative Investments (SAI) division.
SAI comprises Sciens funds of hedge funds business, managed account services, investment services and advisory solutions.
Mehregani will report to Sciens Alternative Investments chief executive officer Stavros Siokos, and will also be a member of the investment committee for Sciens’ fund of funds business.
Siokos says: “We welcome Farhang as a strategic addition to the team. His extensive experience gained in risk management and the hedge fund environment will prove invaluable to Sciens and in helping our clients to achieve their investment objectives.
“Farhang will also focus on strategic initiatives that can leverage Sciens' strengths to offer institutional and high net worth investors a seamless entry point into the liquid alternative investments market by utilising our extensive infrastructure.”
Prior to joining Sciens Capital, Mehregani ran the CEEMEA (Central & Eastern Europe, Middle East & Africa) equities business at Citi from 2008 until 2011. During that time he took the business from seventh ranked to a market leading position. Before this he was head of trading risk for Citi's global equities division where he oversaw risk and capital allocation of a USD200bn balance sheet business.