EagleRock Capital Management, LLC has named Raj Lachman, CFA, as Chief Operating and Chief Financial Officer.<?xml:namespace prefix = o ns = "urn:schemas-microsoft-com:office:office" />
Lachman, 39, who will be responsible for financial reporting, operations and compliance, will report to Nader Tavakoli, Founder and Chief Investment Officer.
"Raj brings substantial experience in operational and financial management of hedge funds and he will be a tremendous asset for us as we continue to grow,"
Before joining EagleRock, Lachman was COO and CFO at Kensico Capital Management Corp. in <?xml:namespace prefix = st1 ns = "urn:schemas-microsoft-com:office:smarttags" />New York. And prior to that, he was a Director at Quellos Financial Advisors, a Seattle-based fund-of-hedge-funds.
In total, Lachman, who received a Bachelor of Science in Accounting and Finance from the Stern School of Business, New York University, and is a member of the American Institute of Certified Public Accountants (AICPA) and the New York State Society of CPAs. has eight years experience in public accounting, working for PriceWaterhouse Coopers and Ernst & Young.
Background notes: New York-based EagleRock Capital Management, LLC is a multi-strategy, event- driven manager that seeks to exploit value across the capital structure in a directional, hedged basis, across three core strategies: long/short credit, long/short special situations equities and capital structure arbitrage.
The firm was founded by Nader Tavakoli in 2001, building on his 15-year track record that includes establishing distressed, special situations, high-yield and capital structure arbitrage desks at Odyssey Partners and Highbridge Capital.