Baar-based Progressive Capital Partners has hired Flurin Grond as its deputy CIO, the firm has announced.
Grond previously worked at the Abu Dhabi sovereign wealth fund ADIA, where he focused on alternative equity strategies in the hedge fund group.
The asset manager has 15 years of experience in alternative investments and used to work at the Man Group (RMF) multi-manager business in London and Switzerland, where he did analysis of equity hedges, and emerging market and global macro strategies. He also managed various multi-manager portfolios for the group.
Grond has also previously worked in equity trading at Vontobel, Credit Suisse and UBS.
Progressive Capital Partners manages the following strategies: the Tulip trend fund, the Palm trend fund, the Linden core funds, the Edelweiss volatility fund, the Lege artis fund and the Qualitium fund.
The firm is regulated by Finma and has about $670 million in assets under management in single-manager and multi-manager funds.