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Hedge Fund Rising Stars: Ricky Nardis

Ricky Nardis
UBS Alternative Investment Solutions


When Rick Nardis graduated in 1998 from Columbia University with a BA in economics, the dot-com boom was in full swing. But a family friend who happened to be a big-name money manager advised Nardis to not get distracted by investment banking opportunities created by the boom, as the real opportunity lay in institutional investors’ embrace of hedge funds. Nardis, 36, heeded that advice and took a junior-­level job at a fund of hedge funds catering to institutions. He moved on from that position, joining UBS in 2001 as a senior investment officer working for the fund-of-hedge-funds business that had been developed at O’Connor & Associates, the Chicago-­based derivatives specialist acquired in 1992 by Swiss Bank Corp., which later merged with UBS. The group’s assets under management grew from $900 million when Nardis joined to $48 billion in 2008, the year Nardis was named co-CIO. After losing assets during the financial crisis, the fund has inched back to $28.5 billion and gone from being one of six fund-of-hedge-fund platforms at the bank to the only one standing. Hedge fund managers and investors alike say they have the utmost respect for Nardis.

Hedge Fund Rising Stars
NAMEFIRM
Rick GersonFalcon Edge Capital
David Ben-UrCaxton Alternative Management LP
Atwood 'Porter' CollinsSeawolf Capital
Javier DyerPermal Group
Adam FisherCommonwealth Opportunity Capital
Grace Gu BlackRock
Jason Karp Carlson Capital
Akiva Katz Bow Street
Laurie Katz GoldenTree Asset Management
Ingrid Kiefer Canyon Partners
Simon KrinskyHall Capital Partners
Carrie Lo California State Teachers Employees Retirement System
Drew McKnightFortress Investment Group
Marina Mekhlis Rocaton Investment Advisors
Neil MessingBureau of Asset Management, New York City
Gideon Nieuwoudt Silver Creek Capital Management
Vinay Nair Ada Investments
Sean MurphyGame Creek Capital
Kimberly Mounts MAP Alternative Asset Management Company
Tony WaskiewiczSisters of Mercy Health Systems
Andrew Tsai Chalkstream Capital Group
David Solomon Goldman, Sachs & Co.
Howard Shainker Bow Street
Danny Sachnowitz Texas Treasury Safekeeping Trust
Justin Press BTIG
Dean Curnutt Macro Risk Advisors
James Grossman Pennsylvania Public School Employees' Retirement System
Chris Paolino Hartford Investment Management
Mick McGuireMarcato Capital Management

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