Kunjal Shah was named senior investment professional by hedge funds-of-funds manager Lyxor Asset Management.
Mr. Shah has oversight of the portfolio management and hedge fund research teams in the New York office of the Paris-based company, a company announcement said.
Mehdi Aliouat, a Lyxor spokesman, could not be reached for information about Mr. Shah’s predecessor.
Mr. Shah was a partner and managing director at hedge funds-of-funds manager Arden Asset Management, where he handled manager selection, due diligence and customized investment guidelines for credit and multistrategy managed accounts.
Anthony Marzigliano, an Arden managing director, assumed Mr. Shah’s responsibilities, said spokesman Jonathan Gasthalter, in an e-mail.