We find ourselves in a unique position, as institutional investors continue to seek yield with limited volatility
Scottsdale, AZ (PRWEB) January 31, 2012
Palo Verde Capital, an Arizona based asset management firm, announced that Patrick Bartle has joined the team. Mr. Bartle brings a wealth of experience to the $200mm+ manager, and will become a valuable member of the firm as Palo Verde Capital continues to grow its trading and risk platform to both high net worth individuals, as well as institutional investors.
Bartle, a 20+ year veteran of Wall Street, began his career with Bank of America in Madrid, trading and managing portfolio risk in European government bond and interest rate derivatives. His continued success allowed him to hold numerous senior positions in trading and risk management in both London and New York at respected global financial institutions such as CSFB, ABN AMRO and RBS. After years in his most recent role with RBS London as Head of Trading and Risk Management for Emerging Markets CEEMEA (Central and Eastern Europe, Middle East/ Africa), Bartle made the decision to move to Scottsdale and join the team at Palo Verde Capital. “Our investor’s demand consistent performance, as well as, transparent controls and processes that support our business. Having Patrick join the firm allows us to strengthen our ability to continue to deliver all of these…”, stated Tony Stacy, the firms Founder and Managing Partner.
Palo Verde Capital manages a low volatility, absolute return trading strategy and has recently eclipsed $200mm in AUM. “We find ourselves in a unique position, as institutional investors continue to seek yield with limited volatility. We recognize the opportunity to grow our firm. Adding Patrick to the mix is a big step in earning the investments from family offices and institutional managers” added Mr. Stacy.
In addition to joining the Global Liquid Alpha Team, Mr. Bartle will chair the firm’s Risk Oversight Committee, as well as, oversee the implementation of institutional processes and controls.
About Global Liquid Alpha:
The firm’s value proposition is to provide investors with absolute returns through an ultra-short term directional trading strategy managed with a sharp focus on absolute returns and low volatility. The highly liquid strategy is designed to provide the aforementioned, as well as, to protect investors from systemic market risk.
About Palo Verde Capital:
Founded in 2008, Palo Verde Capital is a leading multi-strategy alternative investment manager, providing disciplined investment management in a transparent, process-driven environment to institutional and accredited investors. Fully-transparent and fully reporting, the firm is committed to creating long-term value through experienced, skill-based investment management. The investment philosophy of the firm is centered on the concept of yielding absolute returns, regardless of overall market conditions or performance.