Jason T. Zenk will join EnTrustPermal as senior managing director – corporate strategy later this month, to build a team to assist the hedge funds-of-funds manager's clients in hedge fund portfolio construction.
It is a new position.
EnTrustPermal's focus increasingly is on creating individualized investment portfolios in response to demand from its largely institutional client base, said Gregg S. Hymowitz, chairman and CEO.
Mr. Zenk and his team will be based in Chicago, Mr. Hymowitz said.
EnTrustPermal manages about $26 billion in hedge funds of funds.