Hatteras Funds has promoted Robert Murphy to chief investment officer of the Hatteras Alternative Mutual Funds. Murphy is responsible for leadership and strategic direction of the investment team, in addition to his continued role as director of risk management. Murphy will also continue to serve as co-portfolio manager of the Hatteras Alternative Mutual Funds. Previously, he served as managing director in the investments group at Ivy Asset Management Corp., and partner and director of risk management at Meridian Capital Partners.
Hatteras Funds, based in Raleigh, N.C., manages $2 billion in alternative investment strategies for a broad range of institutions, endowments, pensions and high-net-worth individuals.
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