Atlantic House Investments has hired former Merian hedge funder Mark Greenwood as a portfolio manager in its investment team.
Greenwood (pictured) will co-manage some of Atlantic House’s mandates and work across its range of funds, including the £50m Total Return fund and flagship £1.5bn Defined Returns fund. He will report to CIO Tom May.
He was previously a portfolio manager at Merian, managing the Systematic Positive Skew fund from 2017 until its closure in August 2020. His fund was among several Merian vehicles to shutter ahead of its acquisition by Jupiter.
Atlantic House CEO Tony Stenning said Greenwood’s background in derivatives, risk management and inflation would be a “huge asset” to the investment team.
Prior to moving into investment management, he spent over a decade as a trader on the inflation desks at Barclays and Natwest. He also managed the inflation desk at Rand Merchant Bank in South Africa from 2000 to 2004.
“We have been steadily growing the Atlantic House business over the past 18 months and have been strategically adding resources to ensure we maintain and improve the investment solutions we offer,” Stenning said. “We are therefore delighted to welcome Mark to the investment team.”
Earlier this month Portfolio Adviser revealed former Framlington boss Mike Vogel had acquired a significant stake in Atlantic House parent Catley Lakeman to help fund its growth plans.
See also: Former Framlington boss acquires significant stake in Atlantic House parent
