Jane Buchan, already well known within institutional investor circles, will see her recognition factor rise further this year.
Ms. Buchan, managing director and CEO of hedge funds-of-funds manager Pacific Alternative Asset Management Co. LLC, Irvine, Calif., will receive the 2014 North American Industry Leadership Award from the non-profit 100 Women in Hedge Funds at a fundraising gala in New York on Nov. 12.
The annual award is presented to a woman whose “professional talent, business ethic and passion for investing help define and advance the alternatives industry's standards of excellence,” according to a 100WHF news release. “This award recognizes both (Ms. Buchan's) leadership as CEO of PAAMCO and her broader efforts to champion professional educational opportunities for women in the industry,” said Mimi Drake, 100WHF chairwoman, in the release.
PAAMCO was co-founded by Ms. Buchan in 2000 and now manages $9 billion in hedge funds of funds for a broad spectrum of global institutional investors.
“I am thrilled to be honored by 100 Women in Hedge Funds, an organization whose mission I have supported since their founding. ... I am grateful to the many women who came together to make this organization happen,” Ms. Buchan said in an e-mail.
This article originally appeared in the March 31, 2014 print issue as, "Hedge fund group honors PAAMCO chief Buchan".