Robert Murphy Joins Altegris as Deputy Chief Investment Officer

Altegris Continues to Bolster its Lineup by Adding Another Veteran with Extensive Industry and Alternatives Experience

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Jul 24, 2014, 09:08 ET

LA JOLLA, Calif., July 24, 2014 /PRNewswire/ -- Altegris, provider of premier alternative investments, has named Robert J. Murphy, CFA, FRM, CAIA, as Deputy Chief Investment Officer. Mr. Murphy will report to and work closely with Jack Rivkin, Chief Investment Officer of Altegris. He will join Altegris' Investment Committee and will be assuming specific portfolio and risk management responsibilities. Mr. Murphy joins Altegris after serving as the Chief Investment Officer, Co-Portfolio Manager and Director of Risk for Hatteras Alternative Mutual Funds, a subsidiary of Hatteras Funds, for the past five years.

"I am very pleased Bob has joined our team," said Jack Rivkin. "He brings over 30 years of experience in asset management and investment banking to Altegris. Half of that time has been spent in alternatives. He has one of the longest performance track records in this fast growing segment of the mutual fund industry. Bob is an innovator, educator, as well as a superb investment manager and judge of talent."

"Bob joins the Altegris team at a compelling time in our industry," said Jon Sundt, CEO. "What started as a drop, when Altegris launched our first mutual fund four years ago, has become a wave of liquid alternatives in the marketplace. Bob will help Altegris continue to differentiate itself through product innovation, investment expertise and risk management to provide what we believe are the right solutions for financial advisors and their clients. "

At Hatteras Mr. Murphy led the portfolio management team with responsibility for establishing the policies, processes and direction for asset allocation, portfolio construction and portfolio management. In addition, Mr. Murphy, as Chief Investment Officer and Chairman of the Investment Committee, was responsible for the overall risk management of the Funds, including establishing risk/reward criteria and investment risk allocation. Prior to joining Hatteras, he was with Ivy Asset Management Corp. LLC, a division of BNY Mellon Asset Management, as a Managing Director in the Investments Group and in the Investment Products and Strategy Group. Before joining Ivy in 2008, Mr. Murphy was a Partner and Director of Risk Management at Meridian Capital Partners, where, beginning in 2001, he worked in various senior capacities, including investment manager research and portfolio management. Earlier in his career, Mr. Murphy worked with several respected financial industry organizations including DLJ and Bear Stearns. Mr. Murphy received his BA and MBA degrees from the State University of New York at Albany. He has earned designations as a Charter Financial Analyst (CFA), Financial Risk Manager (FRM) and Chartered Alternative Investment Analyst (CAIA).

"While I take great pride in what we accomplished as a team at Hatteras, I believe that Altegris represents a next step in the evolution of supporting financial advisors in the task of creating appropriate, risk managed solutions by developing a range of product alternatives for their clients," said Mr. Murphy. "I am very excited to have this opportunity to join Jon Sundt, Jack Rivkin and the entire Altegris team, in working together to help financial advisors accomplish the goals they have set for themselves and their clients."

About Altegris
Altegris searches the world to find what we believe are the best alternative investments. Our suite of alternative investment solutions are designed for financial professionals and individuals seeking to improve portfolio diversification.

With one of the leading research and investment groups focused solely on alternative investments, Altegris follows a disciplined process for identifying, evaluating, selecting, and monitoring investment talent across a spectrum of alternative strategies including managed futures, global macro, long/short equity, event-driven and others. As veteran experts in the art and science of alternatives, Altegris guides investors through the complex and often opaque universe of alternative investing.

Alternatives are in our DNA. Our very name, Altegris, highlights our singular focus on alternatives, the highest standards of integrity, and a process that constantly seeks to minimize investor risk while maximizing potential returns.

The Altegris group of affiliated companies is wholly-owned and controlled by (i) private equity funds managed by Aquiline Capital Partners LLC and its affiliates ("Aquiline"), and by Genstar Capital Management, LLC and its affiliates ("Genstar"), and (ii) certain senior management of Altegris and other affiliates. Established in 2005, Aquiline focuses its investments exclusively in the financial services industry. Established in 1988, Genstar focuses its investment efforts across a variety of industries and sectors, including financial services. The Altegris companies include Altegris Investments, Altegris Advisors, Altegris Funds, and Altegris Clearing Solutions. Altegris employees are 100% focused exclusively on alternative investments. As of June 30, 2014, Altegris had $2.35 billion in client assets, and provided clearing services to $499 million in institutional assets.

For more information, please visit www.altegris.com and follow Altegris on twitter @Altegris.

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SOURCE Altegris