PAAMCO promotes three to partner

James Meehan, Scott Warner and David Weinberger, all managing directors, were promoted to partners at Pacific Alternative Asset Management Co., confirmed Jane Buchan, managing director and CEO.

Mr. Meehan leads PAAMCO's institutional client relationship department; Mr. Warner is the firm's long/short equity and equity market neutral sector specialist; and Mr. Weinberger joined the firm a year ago to move into the role of head of the portfolio management department from William Knight, one of PAAMCO's founding partners, who will retire later this year.

With the addition of Messrs. Meehan, Warner and Weinberger, PAAMCO now has 16 partners who all own a stake in the firm. PAAMCO manages $8.5 billion in hedge funds-of-funds for institutional investors.