ST. LOUIS, Dec. 19, 2013 /PRNewswire/ -- Eclipse Capital Management, Inc., an alternative investment management firm specializing in the research, development and management of quantitative model-driven trading strategies, announced today the appointment of Nigel Ekern as Managing Director to lead Eclipse Capital's business development efforts. Eclipse Capital's CEO and founder Tom Moller commented, "This is an exciting time for Eclipse Capital with the addition of Nigel to our senior management team. Nigel's breadth of experience delivering investment solutions to institutional clients is a key element of Eclipse Capital's business development plans. We are very optimistic about the growth of Eclipse Capital in the coming years and are looking to build upon our core strengths to expand our investor base and grow assets."
Mr. Ekern joins Eclipse Capital from Quest Partners LLC where, as President, he led the business development effort the past three years during which Quest introduced new investment programs and saw its assets grow from under $100 million to over $1.0 billion today. Prior to joining Quest, Mr. Ekern was the COO and co-founder of Noroton Capital Management LLC, a Connecticut-based hedge fund. Previously, Mr. Ekern practiced law with Debevoise & Plimpton LLP before becoming an investment banker. Mr. Ekern holds a JD-MBA degree from New York University and an AB from Dartmouth College.
Mr. Ekern stated, "Tom and his management team have generated an impressive track record of solid returns for over 20 years. I am very excited about working with the Eclipse Capital team to develop new strategies and to identify new clients to expand its $0.5 billion investor base so that more investors can realize the benefits of the firm's systematic solutions for their alternative investment needs."
About Eclipse Capital
Eclipse Capital is an alternative investment management firm specializing in quantitative, model-driven trading strategies. A pioneer in its field, the firm has been managing absolute return strategies for its clients since 1986. Leveraging its proprietary technologies and the skill and experience of its management team, the firm's managed futures and asset allocation strategies are implemented 24 hours a day, around the globe. The firm has a long history of serving a broad-based domestic and international clientele that includes institutional investors, pension plans, endowments, investment banks, funds-of-funds, and individual investors. Founded in 1983, Eclipse Capital is based in St. Louis, Missouri. www.eclipsecap.com.
CONTACT: Eclipse Capital Management, Inc., +1-314-725-2100
SOURCE Eclipse Capital Management, Inc.