Industry Veteran, Basil Williams, Joins Welton Investment Partners As President

NEW YORK, March 26, 2019 /PRNewswire/ -- Welton Investment Partners today announced the hiring of Basil Williams as President, a new position. Williams joins Welton's senior leadership in managing the overall business, including oversight of the firm's investment products, operations, and expansion initiatives. Based in New York City, Mr. Williams will report to Dr. Patrick Welton, CEO and CIO.

Williams brings deep general management experience as a 30+ year industry leader, both as an investment manager and allocator. He is a proven investor in alternative strategies having traded a broad suite of relative value strategies during his 20 years at Concordia Advisors. Moreover, he brings C-suite experience having built and led hedge fund businesses at Concordia and Mariner Investment Group. Most recently he was the Head of Portfolio Management at PAAMCO, one of the largest alternative allocators and emerging manager investors.

"Basil is a tremendous addition to our team. His broad leadership expertise and strong track record as an investor will directly enhance our capabilities and catalyze initiatives to broaden our global client partnerships," said Patrick Welton.

"I am very excited to join Welton because their expertise is in high demand from investors. Over the last several years they have built a first-rate institutional framework, integrated systems, and broadened their investment talent. Their goal of delivering absolute returns with a low correlation to the equity and credit markets aligns perfectly with my own background. The happiest and most rewarding times of my career were when I was facilitating growth, and I see a similar opportunity now," said Williams.

Welton Investment Partners is a privately-owned, alternative asset management firm co-founded by Dr. Patrick Welton to provide investors long-term capital appreciation with no correlation to overall asset markets. Welton is a pioneer in advancing quantitative investment techniques. The firm manages approximately $1B in assets for institutional and private investors across four distinct product offerings with offices in New York and California. https://www.welton.com

SOURCE Welton Investment Partners