Helm has focused on the hedge fund area for the past 10 years and prior to joining Altana was the CEO of Sofaer Capital, a hedge fund manager in Asia.
Before that he was partner and global head of sales and marketing for Odey Asset Management, and has also worked for Investec in South Africa.
Altana Wealth was founded by Lee Robinson, a co-founder of Trafalgar Asset Managers, who decided to branch out on his own last year.
So far the company has soft launched two funds, the Altana Sovereign Diversity Fund and Altana Inflation Trends Fund. Currently the majority of money in the fund is Robinson’s own.
Antony Lingard, CIO at Altana, said: "Lee’s idea in starting Altana was that he did not want to be confined to certain hedge fund strategies. He is invested in all the funds himself because that’s what he wants to do with his money. The foundation of the business is to preserve wealth and beat inflation."
Altana currently has one other fund, but it is still deciding what it is going to do with it. It might be that we just offer it to investors in the other two funds," Lingard said.
Helm’s immediate focus on joining the group will be to talk to wealth managers about the Sovereign Diversity Fund, which Robinson said was launched in response to concern over currency inflation and devaluation.
The fund has weekly liquidity, subject to an administration fee, or monthly with 30 days of notice, and is brokered through Goldman Sachs with a minimum investment of $100,000.
