Alternative investment management firm Eclipse Capital Management has appointed Nigel Ekern as managing director to lead the firm’s business development efforts.
Eclipse Capital's chief executive and founder Tom Moller says: "This is an exciting time for Eclipse Capital with the addition of Nigel to our senior management team. Nigel's breadth of experience delivering investment solutions to institutional clients is a key element of Eclipse Capital's business development plans. We are very optimistic about the growth of Eclipse Capital in the coming years and are looking to build upon our core strengths to expand our investor base and grow assets."
Ekern joins Eclipse Capital from Quest Partners where, as president, he led the business development effort the past three years during which Quest introduced new investment programmes and saw its assets grow from under USD100m to over USD1.0bn today.
Prior to joining Quest, Ekern was the chief operating officer and co-founder of Noroton Capital Management, a Connecticut-based hedge fund. Previously, Ekern practiced law with Debevoise & Plimpton before becoming an investment banker.
Ekern says: "Tom and his management team have generated an impressive track record of solid returns for over 20 years. I am very excited about working with the Eclipse Capital team to develop new strategies and to identify new clients to expand its USD0.5bn investor base so that more investors can realise the benefits of the firm's systematic solutions for their alternative investment needs."