Equinox Financial Group has announced two promotions within the organization’s portfolio management team.
Effective November 1, 2014, Dr. Ajay Dravid will become the Chief Investment Officer of Equinox Institutional Asset Management, LP, and Dr. Rufus Rankin will assume the role of Director of Research of Equinox Institutional Asset Management, LP.
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"These promotions will strengthen the leadership within Equinox Funds’ portfolio management and research team and underscore the firm’s commitment to ‘Building Better Alternatives,”’ stated Robert J. Enck, President and Chief Executive Officer of Equinox. "Both Dr. Dravid and Dr. Rankin have been instrumental in the conception, development and implementation of new products and portfolio management strategies at Equinox Funds," continued Mr. Enck.
Dr. Ajay Dravid is a veteran in the alternative investment industry. He joined Equinox Fund Management, LLC as a portfolio manager in January 2011 with more than 25 years of experience in industry, academia, and financial services. Prior to joining Equinox Fund Management Dr. Dravid was the President of Saranac Capital Management – a separate entity spun out from Citigroup – managing more than $3 billion in hedge fund assets. In his expanded role, Dr. Dravid will oversee all portfolio management activities at Equinox Institutional Asset Management, LP.
Dr. Rankin has been a part of Equinox Funds’ portfolio management team since January 2011. Prior to that, he served as a Product Development Manager at Equinox Financial Solutions, an affiliate of Equinox. Over the last few years, Dr. Rankin has also been engaged in the development and implementation of new product initiatives at Equinox Funds. In his expanded role, Dr. Rankin will continue to work alongside Dr. Dravid, managing all Equinox Funds’ offerings.
Richard Bornhoft, Chief Investment Officer at Equinox Fund Management, LLC, continues to serve on the portfolio management team for all Equinox Funds’ managed futures multi-strategy offerings.
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