NEW YORK (HedgeWorld.com)–Frank Minard, chairman of InvestorForce Inc., Wayne, Pa., was appointed to the advisory board of Discovery Capital Management, the firm started by former InvestorForce alternative investment head Tom Zucosky.

Mr. Minard will be bringing his extensive experience from his 30 years in the global asset management business. Before joining InvestorForce, Mr. Minard was the chairman and chief executive of the global investment management division at Bankers Trust Co. and also served as the global head of Marketing for Morgan Stanley Dean Witter Investment Management. He remains a board member of the Investment Management Consultants Association.

An additional advisory board member will be announced at a later date, according to Michael S. Dunn, who along with Mr. Zucosky and John P. McNiff is a principal of Discovery.

Discovery offers two hedge funds of funds that were launched in January Previous HedgeWorld Story. The firm, with more than US$100 million in assets under management, also offers investment advisory services to institutions, trusts, pensions and family offices.

SBarreto@HedgeWorld.com