Mariner Investment Group added a third strategy to the hedge fund incubation platform it manages for the $46.1 billion Alaska Permanent Fund Corp., Juneau.
Peter van Dooijeweert was hired as lead portfolio manager of the new Mariner Equity Volatility Strategy. He is supported by Steven Ahn, who also joined Mariner as a portfolio manager for the strategy, confirmed David Press, a Mariner spokesman.
The new global volatility strategy will focus on “comparing the relative value of options across single name equities, market sectors and global (indexes) to build portfolios that monetize identified mispricings,” according to a Mariner news release.
In April, APFC confirmed Mariner had started to invest some of the $500 million separate account the fund dedicated to supporting new hedge fund managers.
The first two hedge fund strategies on the Alaska incubation platform were a global macro fund, managed by Eric Pellicciaro, and an emerging market equity fund, managed by Richard Rumble. Both strategies were funded with between $50 million and $100 million in April.
Mr. Van Dooijeweert was managing director and head of equity relative value trading at Citigroup until January 2012. Scott Helfman, a Citigroup spokesman, declined to comment about Mr. Van Dooijeweert’s departure or replacement.
Mr. Ahn was most recently a portfolio manager and equity trader at Tricadia Capital Management. A call to Tricadia seeking information about Mr. Ahn’s replacement was not returned by press time.