BlueCrest Capital Management has appointed Steve Smith as portfolio manager for the USD2.3bn AllBlue Fund.
The fund invests exclusively across a portfolio of funds managed by BlueCrest, including BlueCrest Capital International and BlueTrend.
Smith will also assume overall responsibility for global sales and client service teams and will join the firm’s executive committee.
Smith joins BlueCrest having spent several years at Credit Suisse, where he was most recently leading the global liquid alternatives team within the asset management division. He has a strong derivatives background having started his career at Bankers’ Trust and SBC O’Connor, and has significant experience of the alternative asset management industry having spent time at Dune Partners and Albourne Partners in addition to Credit Suisse.
With Smith’s appointment, Anne Popkin will continue to head BlueCrest’s New York Office, and will focus her time exclusively on leading all client activities in North America.
Mike Platt, chief executive, says: “We believe that Steve’s experience will bring great value to the Allblue Fund as well as helping us to continue to broaden and strengthen our client relationships.”
