Alternative asset manager Trium Capita which offers investors a diverse range of hedge funds and liquid alternative UCITS funds, has appointed Patrick Mang to the newly created role of chief operating officer.
Mang joins from HSBC, where he was head of innovation for global markets. In this role, he oversaw fintech partnerships, sponsored internal projects applying AI, Big Data, Cloud and Distributed Ledger Technology to the trading floor, and led HSBC’s venture capital investment in the New York based blockchain company Axoni.
Over the last 12 months, Trium has been expanding its innovative investment offering. In September, Trium brought quantitative investment group Sabre Fund Management – one of Europe’s longest-running hedge fund firms – into its multi-boutique structure. The move saw the ten-strong Sabre team move to Trium’s London offices, as well as the addition of the award-winning Sabre Trium Quantitative Equity Arbitrage Fund and the Sabre Trium Dynamic Equity Fund to Trium’s range of quantitative solutions. Trium also added the ESG Emissions Impact Fund to its suite of strategies last month.
Shenan Dhanani, co-head of Trium Capital, says: “At Trium, we are committed to building out our highly experienced team, which is integral to promoting long-term sustained investment performance. Patrick exemplifies the calibre of talent we look for as we grow our business and look to expand the suite of innovative strategies we offer clients.
“Patrick’s deep well of expertise, as well as his proven ability to think outside the box and his intimate knowledge of the investment, regulatory, technological and scientific fields will help Trium become a leading provider of disruptive alternative solutions.”
Mang held various positions at HSBC, having joined the company more than a decade ago as an exotic equity derivatives trader. He spearheaded several initiatives at the group, including the development of the quantitative index strategies business, establishing a partnership with leading data scientists at the Alan Turing Institute and helping found HSBC’s first dedicated innovation team.
The author of papers on the future of banking and the impact of fintech disruption, Mang has consulted on regulatory responses for bodies such as the UK Open Banking Working Group, the Financial Conduct Authority, the British Bankers Association and the Monetary Authority of Singapore. Having begun his career at Deutsche Bank in 2004, he holds an undergraduate degree from MIT, a PhD in Applied Physics from Stanford University, an MBA from London Business School and is a CFA charterholder.
Mang adds: “By joining Trium’s collaborative structure, I look forward to working alongside Trium’s carefully selected portfolio managers and partners. The group has continued to invest in innovation, and we will continue to ensure its operational infrastructure and client engagement remain best in class.”
