Eclipse Capital Management has appointed Nigel Ekern as managing director to lead Eclipse Capital’s business development efforts.
Tom Moller, CEO and founder, Eclipse Capital, said: "This is an exciting time for Eclipse Capital with the addition of Nigel to our senior management team. Nigel’s breadth of experience delivering investment solutions to institutional clients is a key element of Eclipse Capital’s business development plans. We are very optimistic about the growth of Eclipse Capital in the coming years and are looking to build upon our core strengths to expand our investor base and grow assets."
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Ekern joins Eclipse Capital from Quest Partners LLC where, as President, he led the business development effort the past three years during which Quest introduced new investment programs and saw its assets grow from under US$100 million to over US$1 billion today.
Prior to joining Quest, Mr. Ekern was the COO and co-founder of Noroton Capital Management LLC, a Connecticut-based hedge fund. Previously, Mr. Ekern practiced law with Debevoise & Plimpton LLP before becoming an investment banker. Mr. Ekern holds a JD-MBA degree from New York University and an AB from Dartmouth College.
Ekern said: "Tom and his management team have generated an impressive track record of solid returns for over 20 years. I am very excited about working with the Eclipse Capital team to develop new strategies and to identify new clients to expand its $0.5 billion investor base so that more investors can realize the benefits of the firm’s systematic solutions for their alternative investment needs."
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