Key Takeaways
- • Tim Peterson, founder of Regiment Capital Advisors, plans to step down from day-to-day management in mid-2014 after leading the $7 billion credit hedge fund since its 1999 inception.
- • Peterson, 51, will transition to a mentoring role at the Boston-based firm following his departure from active portfolio management duties.
- • Peterson's career includes a decade at Harvard University's endowment prior to establishing Regiment Capital, positioning him as an experienced fixed income and credit markets specialist.
- • The leadership transition marks a significant organizational shift for one of the larger independent credit-focused hedge fund platforms.
Summary
Tim Peterson, founder and Chief Investment Officer of Regiment Capital Advisors LLC, announced plans to step down from day-to-day management responsibilities in mid-2014, according to a December 12, 2012 report. Peterson established Regiment Capital in 1999 following a decade-long career at Harvard University's endowment, where he developed expertise in fixed income and equity-linked portfolio management.
At the time of the announcement, Regiment Capital managed approximately $7 billion in assets, positioning it as a significant player in the credit hedge fund sector. The Boston-based firm has specialized in credit markets and structured products since its founding. Peterson's leadership transition will see him assume a mentoring role at the firm rather than a complete departure, suggesting a managed handoff of operational responsibilities to successor management.
The move reflects a generational shift in hedge fund leadership and succession planning at established alternative investment platforms. Peterson's 13-year tenure building Regiment Capital from inception to a multi-billion-dollar enterprise underscores the firm's standing in the credit hedge fund space. The planned transition provides the firm with a defined timeline to identify and integrate new investment leadership while retaining Peterson's strategic guidance through his mentoring position.
At the time of the announcement, Regiment Capital managed approximately $7 billion in assets, positioning it as a significant player in the credit hedge fund sector. The Boston-based firm has specialized in credit markets and structured products since its founding. Peterson's leadership transition will see him assume a mentoring role at the firm rather than a complete departure, suggesting a managed handoff of operational responsibilities to successor management.
The move reflects a generational shift in hedge fund leadership and succession planning at established alternative investment platforms. Peterson's 13-year tenure building Regiment Capital from inception to a multi-billion-dollar enterprise underscores the firm's standing in the credit hedge fund space. The planned transition provides the firm with a defined timeline to identify and integrate new investment leadership while retaining Peterson's strategic guidance through his mentoring position.
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