NEW YORK (HedgeWorld.com)–Robert Casey opened a new Boston office for StoneHedge Partners, a firm establishing a hedge fund platform for institutional investors.
Mr. Casey was doing some independent marketing for a couple of small hedge funds in Boston before joining StoneHedge. But before striking out on his own, Mr. Casey was marketing asset management services to pensions, endowments, foundations and institutional consultants in his work at Standish Ayer and Wood, as vice president of equity marketing.
At StoneHedge, Mr. Casey will focus on establishing StoneHedge’s presence in the institutional investor community marketing to domestic pension funds and their investment consultants. Mr. Casey’s experience with consultants and institutional investors is expected to be helpful in growing the platform.
“A lot of spade work needs to be done,” said Tim Straus, CEO and founder of StoneHedge.
In late October, StoneHedge added its first hedge fund client, Radian Capital Management LLC . StoneHedge maintains an equity stake in the hedge fund in turn for providing advice on infrastructure, risk management, client services and asset raising. Investor capital for Radian is expected to come in January, Mr. Straus said.