Missouri-based hedge fund firm Eclipse Capital Management has hired an industry veteran to its senior management team.
Eclipse Capital said in a statement released Thursday that in Nigel Ekern will be responsible for leading the firm’s business development efforts in his new role as managing director.
Ekern was most recently the president of New York-based alternative investment firm where he also led its business development efforts for the last three years. Prior to joining Quest, Ekern was the chief operating officer and co-founder of Connecticut-based hedge fund firm Noroton Capital Management.
Founded in 1983, Eclipse specializes in quantitative, model-driven trading strategies. It manages approximately $500 million in assets.