German asset manager, Lupus alpha’s head of hedge funds, Ulf Becker, has stepped down from his role, Financial News reports. Becker was in charge of Lupus alpha’s Talent Hotel, a platform for start-up or emerging hedge fund managers. Becker’s responsibilities have been given to Alexander Raviol, formerly the partner in charge of absolute return product development, quality and risk management. The company is preparing to boost the absolute return space, with plans to expand the team from 15 to 21 by end-2011.

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