Deutsche Asset & Wealth Management (DeAWM) has hired Mihir Meswani and Nicolas Laporte as portfolio managers to its hedge fund advisory business.
Both will focus on advising clients on liquid alternatives such as managed accounts, Ucits, and ’40 Act funds, with Meswani being based in New York and Laporte based in London.
“Hedge Fund Advisory is a key part of our growth strategy,” said Martin Fothergill, Global Head of Hedge Funds for Deutsche AWM. “With this strengthening of the team, we are perfectly positioned to offer our institutional and private clients the benefits of our hedge fund platform, risk oversight and portfolio advisory in one package.”
Meswani was most recently a consultant to Mount Yale Capital Group. Prior to that, he served as chief investment strategist at Sandalwood Securities, where he was a member of the investment committee, responsible for the portfolio management of Sandalwood’s fund of hedge funds and alternative mutual fund portfolios
Laporte most recently worked as senior portfolio manager for the British Airways Pension Fund. Previously, he held positions at Novartis’ pension fund, where he managed alternative investments, emerging markets and commodities and HSBC Private Bank, where he was responsible for the management and performance of discretionary and tailor-made hedge fund mandates.