Platinum Expands to United States, Hires Munson as

LONDON (HedgeWorld.com)–Platinum Capital Management Ltd. hired Eric L. Munson as president of a new U.S. division that initially will be focused on marketing and research.

The New York-based operation, Platinum Capital Management LLC, will concentrate on marketing Platinum’s offerings to institutional investors, and on developing new products, said Craig Reeves, managing director. Eventually, it’s possible that Mr. Munson’s group could manage money in-house, as well, he said.

Most recently, Mr. Munson was a founder of Elmwood Capital, and previously was a managing director for Wentworth Hauser and Violich, San Francisco, according to Platinum.