New York – The Alpha Cooperative, LLC a New York based hedge fund advisory firm and operational incubator for hedge funds and hedge fund investors announced today that Frank C. Meyer has joined its Board of Directors effective November 20th 2012.
Mr. Meyer is a private investor who was chairman of Glenwood Capital Investments, LLC, an investment advisor specializing in hedge funds, which he founded in January of 1988 and from which he resigned in January of 2004. As of October of 2000, Glenwood has been a wholly-owned subsidiary of the Man Group, PLC. Prior to Glenwood, Mr. Meyer was a co-manager of Grosvenor Partners.
Mr. Meyer replaces Mr. Paul Galietto, who upon his September promotion to Global Head of Prime Brokerage at UBS, resigned from his seat with TAC’s Board of Directors.
Charlie Zaffuto, Co-Founder of The Alpha Cooperative commented, “Frank and I have known each other since the late 1980’s, where I held the role of CFO to a hedge fund Glenwood had seeded. Frank is a true pioneer in the hedge fund industry and we intend to rely on his vast experience and expertise in moving TAC to the forefront of manager-investor transparency. ”
About The Alpha Cooperative:
The Alpha Cooperative LLC (“TAC”) provides immediate institutional infrastructure for managers and investors in the alternative investment industry. Our highly experienced team of hedge fund professionals provides firms with the support they need to stand out among their peers. Firms choose from four platforms of services and a variety of scalable cost structures to promote the best chances for growth and success. TAC’s services include accounting, operations, risk management, compliance, investor relations, and a technology infrastructure.