WASHINGTON (HedgeWorld.com)–Afsaneh Mashayekhi Beschloss, chief executive and chief investment officer of Carlyle Asset Management Group, brought together a five-member team to start work on a hedge fund of funds.
The group is now in the process of developing a private placement memorandum for the fund. (Previous HedgeWorld Story)
The new key members for alternative investment and research teams are: Robert A. Picard, Sudhir Krishnamurthi, David G. Kupperman; Todd E. Kata and Jimmy Liew.
Mr. Picard is managing director on the alternative marketable investments team and joins from RBC Capital Risk Advisors, where he worked with the global equity derivatives group of Royal Bank of Canada. He was managing director of the group that handled $10 billion of the bank’s proprietary assets through arbitrage trading, hedge fund investments and structured private equity investments.
Mr. Kata also joins as vice president on the alternative marketable investments team. He had been a director at Plus Funds.
Mr. Krishnamurthi, managing director for the research team, was the co-head and director of The World Bank investment management department, where he managed the bank’s $12 billion in pension investments, including its alternative investment portfolio. Ms. Beschloss and Jin Park also joined Carlyle as managing director from The World Bank in the last year.
Messrs. Kupperman and Liew are vice presidents on the research team. Previously, Mr. Kupperman was a vice president at Goldman Sachs Group in the private equity unit, where he was responsible for risk management and valuation and performance analysis. Mr. Liew was a consultant for HypoVereinsBank and developed the bank’s alternative risk management methodology.
The five new members join Ms. Beschloss, Mr. Park and Ted Hobart, managing director, who also joined last year from 4C Ventures. Ms. Beschloss leads the group using her experience at The World Bank, where she oversaw investment, derivative and structured products and other strategies.
“With such an experienced and capable team, Carlyle Asset Management Group is well-positioned to advise its clients on alternative strategies and to manage their portfolios of alternative investments,” Ms. Beschloss said in a statement. “Each of these professionals brings a wealth of money management and alternative investment experience. Their specialized knowledge of financial markets, expertise in information technology, and proven experience will help us deliver the highest quality services to our clients.”