Simple Alternatives, an alternative mutual fund company that focuses on providing investors access to hedge fund managers, has added a senior executive to its team.
Connecticut-based Simple Alternatives announced in a statement released last week that Bruce Bond has joined the firm as senior partner and director of strategic development, where he is responsible for enhancing its product development and distribution capabilities. Bond will also serve as a minority investor in Simple Alternatives.
Previously, Bond was the founder of PowerShares Capital Management and served as Invesco PowerShares chief executive until 2009.
100% independent and employee-owned, Simple Alternatives focuses on liquid alternative strategies.