Key Takeaways
- • John Frede has joined 50 South Capital Advisors, a Northern Trust subsidiary, as director of hedge fund research, according to Wealth Briefing's 19 November 2015 report.
- • 50 South Capital Advisors manages around $3.2 billion in assets under management and $1.3 billion in assets under advisement.
- • Frede will lead the team responsible for selecting and monitoring managers in 50 South Capital's hedge fund program, which serves institutional and high net worth investors.
- • Frede previously headed hedge fund research at Mesirow Advanced Strategies in Chicago and earlier led Mercer Investment Consulting's Americas research as head of research.
Summary
John Frede has joined 50 South Capital Advisors, a subsidiary of Northern Trust Corporation, as director of hedge fund research, according to Family Wealth Report's 19 November 2015 coverage. The alternatives asset management firm, which reports around $3.2 billion in assets under management and $1.3 billion in assets under advisement, provides hedge fund solutions to institutional and high net worth investors. The appointment strengthens the group's research capabilities.
In the role, Frede will manage the team responsible for the selection and monitoring of managers within 50 South Capital's hedge fund program. The mandate places him at the center of manager due diligence for the firm's hedge fund offering, a function that directly shapes the portfolios delivered to clients.
Frede joins from Mesirow Advanced Strategies in Chicago, where he was head of research management and a senior member of the investment team. Before leading Mesirow's hedge fund research group, he opened the firm's London office and built its research team while serving as head of European research. Prior to Mesirow, he was head of research for the Americas at Mercer Investment Consulting.
The hire reflects continued investment in the research function within Northern Trust's alternatives platform. 50 South Capital is a wholly-owned subsidiary of Northern Trust Corporation, and the parent's hedge fund services business supports a broad range of managers.
In the role, Frede will manage the team responsible for the selection and monitoring of managers within 50 South Capital's hedge fund program. The mandate places him at the center of manager due diligence for the firm's hedge fund offering, a function that directly shapes the portfolios delivered to clients.
Frede joins from Mesirow Advanced Strategies in Chicago, where he was head of research management and a senior member of the investment team. Before leading Mesirow's hedge fund research group, he opened the firm's London office and built its research team while serving as head of European research. Prior to Mesirow, he was head of research for the Americas at Mercer Investment Consulting.
The hire reflects continued investment in the research function within Northern Trust's alternatives platform. 50 South Capital is a wholly-owned subsidiary of Northern Trust Corporation, and the parent's hedge fund services business supports a broad range of managers.
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