Mark C. Kulpins, managing director, was named director of manager research by hedge fund-of-funds manager Mesirow Advanced Strategies.
The position is new, said Greg T. Fedorinchik, managing director and head of investor solutions.
In his new role, Mr. Kulpins oversees hedge fund manager research and selection. He reports to Tom Macina, MAS president. Mr. Kulpins also was appointed to the firm's investment committee.
“Mark has been a key player on a team that has truly set the bar for delivering excellence in manager evaluation, portfolio construction and risk management,” said Marty Kaplan, CEO, in a news release.
Mr. Kulpins joined Mesirow in 2004 and has held a variety of positions, most recently as head of portfolio research. Steve Vogt, chief investment officer of MAS, worked with Mr. Kulpins on portfolio construction and has now assumed sole responsibility for that function, Mr. Fedorinchik said.
Mesirow Advanced Strategies managed $12.5 billion in hedge funds of funds as of June 1.