Key Takeaways
- • Michael Pomada was promoted to president and CEO of Crabel Capital Management, a managed futures asset manager, effective July 2016, transitioning from his previous role as portfolio manager.
- • Pomada's promotion represents a leadership succession at Crabel Capital, which was founded by Toby Crabel in 1992; Crabel remains as Chief Investment Officer and Chief Executive Officer according to company documentation, though Pomada assumes the president and CEO title.
- • The appointment signals operational restructuring at the managed futures firm as it continues to serve institutional investors in the alternative investment space.
Summary
Crabel Capital Management, founded by Toby Crabel in 1992, specializes in managed futures strategies and serves institutional investors including pension funds and hedge fund allocators. The firm has established itself as a recognized player in the trend-following investment space, managing client capital through systematic trading approaches.
Pomada's elevation to the top executive position reflects the firm's evolution and operational development following more than two decades in the alternative asset management industry. His background as a portfolio manager at Crabel positions him with direct knowledge of the firm's investment processes and client relationships as he assumes enhanced leadership duties in the dual roles of president and CEO.
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