UBS O'Connor hires MD and CIO for new absolute return strategy
UBS O'Connor (O'Connor), the multi-strategy hedge fund manager within UBS Asset Management, has hired Ken Geren as a Managing Director and Chief Investment Officer of the firm's newly formed, absolute return strategy which will incorporate the impact of environmental issues into its investment process.
Geren is joined by Gary Lisiewski, Managing Director with responsibility for trading and capital markets, and a team of experienced investment professionals focusing on the implications of climate change on companies directly impacted by the transition to a more sustainable, decarbonized global economy.
Geren joined from Point72, where he was a portfolio manager focusing on investments in the energy sector and related industries. O’Connor will invest in the strategy by facilitating external capital sources.
"Ken and his team will enhance and strengthen O'Connor's alternatives platform and demonstrate our continued commitment to delivering best-in-class investment expertise and experience," says Kevin Russell, Chief Investment Officer of O'Connor. "Ken's experience, market knowledge and leadership allow us to bring deep investment and research capabilities to the firm, and enables us to establish an investment strategy that directly incorporates the impact of climate change on a wide range companies that comprise the "Energy Economy." I am confident that the team's industry knowledge will further extend UBS Asset Management's focus on climate aware investment strategies and help us to deliver innovative new products and add significant value for our clients."