Alder Capital DAC, a Dublin-based systematic investment manager, has appointed John Parkin in the newly created role of head of product management.
Parkin will be based in the firm’s planned new London office and will be responsible for the global co-ordination of all product matters including all aspects of product positioning and client communication.
Parkin will also act as chair of Alder Capital’s investment committee and will report to Mark Caslin, Alder’s chief executive and chief investment officer.
The new function and the associated infrastructure investment reflects Alder Capital’s plans to further grow the existing business whilst also expanding its international reach.
Parkin brings over 20 years of investment management experience, most of which has been spent in alternative investments. He joins Alder following three years as co-founder, chief operating officer and president of Singapore-based Braid Capital.
Prior to Braid, he was director of product management at Aspect Capital having joined Aspect following 11 years at Schroder Investment Management where he was a co-founder and chief investment officer of the fund of hedge fund business.
Caslin says: “I am delighted to welcome John to Alder. His extensive industry expertise will play a major role in further developing our presence within the international marketplace. John’s appointment demonstrates our commitment to expand our investment offering to a broader institutional client base.”