GREENWICH, Conn. (HedgeWorld.com)-Quest Investment Management hired Steven Hurn as chief financial officer for the convertible arbitrage management firm.

Quest made the hire as a result of growing assets under management, which currently stand at US$58 million. Mr. Hurn’s experience includes risk management and quantitative analysis, said James Doolin, Quest president, in a statement.

Mr. Hurn previously worked in derivatives, most recently in the interest rate options area for Commerzbank, in New York.

In February, Quest launched its Quest Global Convertible Fund Ltd., a fund that seeks performance through trading of both convertibles and related equities.