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Lombard Odier Investment Managers bolsters 1798 Alternatives with appointment of Raj Davé
Lombard Odier Investment Managers (“LOIM”) today announces the appointment of Raj Davé to launch a strategy that targets opportunities across the special situations and event-driven universe.
The announcement marks the continued growth of LOIM’s 1798 Alternatives franchise and follows the recent appointments of Peter Pulkkinen and Rhys Marsh in February to develop sustainable private credit strategies. The team will be launching a CLIC™ Private Credit strategy later this year.
Raj brings over 20 years of experience investing in high yield, distressed and event-driven markets. He joins LOIM from Sandell Asset Management, where he managed an award-winning Credit Opportunities Strategy for seven years. He previously held senior roles at Citigroup, Morgan Stanley, UBS and Credit Suisse.
Raj will leverage his extensive experience to launch a strategy that targets opportunities across the special situations and event-driven universe. The strategy will focus on the flexible allocation of capital throughout the capital structure, seeking to produce positive returns with low correlation to traditional equity and fixed income markets.
Raj is based in New York and reports to Christophe Khaw, CIO of 1798 Alternatives.
Jean-Pascal Porcherot, CEO of 1798 Alternatives and Co-Head of LOIM commented: “We are pleased to welcome Raj, Peter and Rhys to LOIM. Their credibility, track record and strong cultural fit are highly valuable, as we continue to expand our offering of sophisticated, differentiated strategies to deliver strong returns for investors.
“1798 Alternatives is entering an important phase in its history, benefitting from the alignment of our investing model with Lombard Odier's broader focus on sustainability and the net-zero carbon transition. We are excited to seek opportunities that deliver solid performance for clients, while also helping to accelerate the transition to a more sustainable economy.”
1798 Alternatives currently manages $5.5 billion USD in liquid alternatives and hedge funds.
About Lombard Odier IM
Lombard Odier Investment Managers is the asset management business of the Lombard Odier Group, which has been wholly owned and funded by its partners since its establishment in 1796.
Our independent structure and our partners’ involvement in the day-to-day management of the firm allows us to focus entirely on our clients’ needs, fostering trust and alignment of interest. Throughout our history, we have been rethinking the old and embracing the new in our efforts to help our clients achieve their objectives in a changing world.
We provide a range of investment solutions to a group of clients that are all long-term oriented in their many and diverse ways. Our heritage, and our combination of the best of conservatism and innovation, keeps us well-positioned to create lasting value for our clients. Our investment capabilities span Fixed Income, Convertible Bonds, Equities, Multi-Asset and Alternatives.
Sustainability is absolutely central to our investment philosophy; we believe it is the founding principle of economic outcomes, and will drive investment returns over the long term.
With more than 140 investment professionals, we are a global business with a network of 13 offices across Europe, Asia and North America and have assets under management of 63 billion CHF (as at 31 December 2020).
For more information: www.lombardodier.com
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Informazioni importanti.
Lombard Odier Investment Managers (“LOIM”) is a trade name.
Views and opinions expressed are for informational purposes only and do not constitute a recommendation by LOIM to buy, sell or hold any security. Views and opinions are current as of the date of this presentation and may be subject to change. They should not be construed as investment advice.
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