Hedge fund firm FORT Management has expanded its presence with the opening of an office in New York.
Based in Maryland, FORT’s New York City office will be headed by new managing directors Alan Marantz and Douglas McKeige who have come on board to direct business development and assist in overall firm management.
A 26-year veteran at Lehman Brothers, Marantz held various leadership roles at the financial firm including global head of Private Investment Management, global head of fixed income sales, head of Fixed Income Asia and global head of foreign exchange.
McKeige, who has a legal background, was previously a managing partner with leading litigation firm Bernstein Litowitz Berger & Grossman, which is known for prosecuting securities litigation cases on behalf of institutional investors globally.
Both Marantz and McKeige most recently worked at a New York-based discretionary macro hedge fund, where they jointly headed business development efforts.
Founded by former World Bank fund managers Yves Balcer and Sanjiv Kumar in 1993, FORT—which is an acronym for Financial Opportunities in Research in Trading-- manages approximately $700 million in assets.