Alternative asset management company Tradex Global Advisors has appointed K Daniel Libby as senior portfolio manager.
Libby will play a significant role across all of Tradex's internally managed hedge funds and fund of hedge fund portfolios.
"We are delighted that Dan has joined us. We've known him by reputation and have followed his performance for many years. Dan is a seasoned portfolio manager who has stellar records in fixed income and mortgage products in all market cycles, including during the most stressful periods in recent memory," says Michael Beattie, one of the firm's founding partners and its chief investment officer.
"Tradex's focus on providing the highest quality investment program to investors with a significant emphasis on managing both operational and investment risk was an important factor in my decision to join the firm, as was the opportunity to help continue to build a world class investment business. I look forward to working with the Tradex team to provide excellent investment capabilities for our investors," says Libby.
Libby has nearly 30 years of investment experience at leading Wall Street and buy side firms such as Goldman Sachs, Nomura, IBM Pension and BlackRock. For the past 10 years, he has managed several successful hedge funds. His investment performance track records include "core plus" fixed income, distressed mortgage-backed securities, long/short high-grade mortgage-backed securities and multi-strategy portfolios.