Northern Trust has appointed Bruce Tang to the Northern Trust Alternatives Group hedge fund of funds team as a research analyst and vice president.
Tang joins 26 investment professionals on the Northern Trust Alternatives Group fund of funds team. The group develops and manages alternative investment products, including hedge and private equity funds of funds, for institutional and personal clients. The group’s hedge fund of funds products give investors exposure to multiple strategies and seek competitive returns while containing overall portfolio risk. The Northern Trust Alternatives Group has USD3.6bn in assets under management.
“Northern Trust continues to see a growing interest in alternative investments, and we are growing our business to meet that demand,” says Robert Morgan, managing director of the Northern Trust Alternatives Group. “Clients and industry observers recognise our group’s success and that has allowed us to attract and retain top talent.”
Tang has more than 14 years of experience and joins Northern Trust from Aurora Investment Management, where he was a senior research analyst on the firm’s investment team. At Aurora, he was responsible for sourcing and monitoring hedge fund investments, providing qualitative and quantitative analysis to the firm’s investment committee. He also conducted due diligence on prospective and existing hedge fund investments across long/short equities, long/short credit, global macro, event-driven, multi-strategy, opportunistic and portfolio hedge strategies.
Additionally, Kristin Norton joins the hedge fund of funds team as a junior research analyst. Norton is a recent graduate of Harvard College where she studied East Asian studies and economics. As an undergraduate, Norton interned in Tokyo in Morgan Stanley’s equity research division and Mizuho Venture Capital’s investment research division.