Attached files
| file | filename |
|---|---|
| 8-K - FORM 8-K - CAMPBELL ALTERNATIVE ASSET TRUST | w77737e8vk.htm |
Exhibit 99.1
News Release
FOR IMMEDIATE RELEASE
FOR IMMEDIATE RELEASE
CAMPBELL & COMPANY ANNOUNCES RESEARCH MANAGEMENT CHANGE
BALTIMORE, MD, March 12, 2010 — Campbell & Company today announced a change in its research
management team. By mutual agreement, Chief Investment Officer Kevin Heerdt is leaving the firm to
pursue other interests.
While Mr. Heerdt has directed Campbell’s research efforts in recent years, he was supported by a
strong team of mathematicians and scientists who will remain with the firm.
Going forward, management of the research and investment process at Campbell will be conducted by
an Investment Committee chaired by Campbell’s Vice Chairman Bruce Cleland. Other members of the
Investment Committee will be Research Director, Xiaohua Hu, PhD, and Chief Operating Officer Will
Andrews.
Dr. Hu has worked at Campbell for 17 years, during which time he has played a key role in the
evolution of its systematic investment processes. He will continue to provide senior scientific
leadership to the research team. Mr. Andrews has worked at Campbell for 13 years, initially as
executive assistant to former Head of Research, Bill Clarke. He was recently appointed to the
position of COO.
Terri Becks continues in her role as President and Chief Executive Officer, assisted by the firm’s
Executive Committee. No other changes among senior management at the firm are anticipated.
Ms. Becks commented, “Campbell is a research-driven organization with a commitment to innovation
and excellence. No negative impact on Campbell’s investment performance is anticipated as a result
of this change. The firm will continue to focus on delivering investment solutions and strategies
that generate superior absolute returns for our investors.”
Campbell & Company is based in Baltimore, Maryland, and is one of the oldest and largest
alternative investment management firms in the world. The company was founded in 1972, and manages
global futures, currencies and equities portfolios for clients using sophisticated quantitative
investment strategies.
# # #
For further information:
|
Tracy Wills-Zapata Managing Director, Business Development (410) 413-4554 |