Thomas Murray joined alternative investment manager Visium Asset Management as managing director, business development.
It is a new position, said spokesman Nathaniel Garnick in an e-mail. Mr. Murray has oversight of Visium's 10-person marketing and investor relations departments, including marketers based in New York and London. Mr. Garnick said a third marketer is being sought for the firm's London office to focus on the Middle East.
Mr. Murray most recently was partner and head of global sales and portfolio solutions for hedge funds-of-funds manager Arden Asset Management. In early August, Aberdeen Asset Management announced it will acquire Arden.
Mr. Murray's duties will be assumed by others on the team, said an Arden spokesman.
Visium managed a total of $7.5 billion as of Aug. 31, with $4.5 billion managed in its flagship strategy — long/short equity focused on investment in the health-care sector in the U.S. and internationally — and $2.2 billion managed in its long/short equity biased multistrategy approach. The rest of the firm's assets are managed in other smaller hedge fund strategies, a mutual fund, an undertakings for the collective investment of transferable securities fund, and a private equity fund.
