Investcorp’s U.S.-based hedge fund business has hired Elena Ranguelova as the head of credit and equity strategies.
The London-based alternative manager said in a statement that Ranguelova will be responsible for supporting the firm's investments in emerging managers and hedge fund seeding business, known as the Single Manager Platform.
Prior to joining Investcorp, Ranguelova was the global head of credit and even-driven strategy at Pioneer Investments. She also oversaw Goldman Sachs’ fundamental strategies group in New York earlier in her career, where she facilitated investment ideas for institutional clients across credit and equities and advised the firm’s proprietary traders on hedging and portfolio solutions.
Investcorp's hedge fund unit managed approximately $4.2 billion in assets as of June 30.