Optima Fund Management Founder Dixon Boardman Assumes Role of CIO

NEW YORK, March 1, 2012 /PRNewswire/ -- Optima Fund Management LLC ("Optima"), a leading investment firm established in 1988 which specializes in hedge fund investments, has today announced that Dixon Boardman, Founder and Managing Member, has reassumed the role of Chief Investment Officer. Fabio Savoldelli will be leaving to pursue other interests. Mr. Boardman will remain as the Managing Member of Optima and will lead the Asset Allocation and Portfolio Management Committees.

"In this complex and ever-changing world of investments, I am delighted to lead our highly experienced and talented team which has developed outstanding solutions for our investors to successfully navigate the markets," said Mr. Boardman. "We see tremendous investment opportunities around the globe and I've never been more excited about our team and our ability to continue to grow and expand the firm."

In addition, Michael Spelman rejoins Optima as a Managing Director and Sector Head of the Global Macro investment strategy, a role he previously held from December 2005 to March 2009. Michael returns to Optima after three years at Oppenheimer Asset Management where he served as a Senior Director and was responsible for overseeing macro strategies.

"Optima is one of the most established and respected hedge fund firms in the business. I am especially excited about returning during a period in which Mr. Boardman will serve as CIO," said Mr. Spelman. "Mr. Boardman has a proven track record of success across multiple market cycles and I look forward to working with him and his innovative team."

More additions to the firm are planned and will be announced in the next few months. On the business development side, Alex Sandhaus joined Optima from Deutsche Asset Management at the beginning of the year as a Managing Director.

About Optima

Optima Fund Management LLC is a $3.5 billion private investment firm specializing in hedge fund investments and customized solutions for investors. The firm, with 50 employees in offices in New York and London, was founded in 1988 by its Founder and Managing Member, D. Dixon Boardman. Optima is SEC registered and provides services to institutions, family offices and individuals by managing, customizing, or advising on hedge fund investments and related portfolios.

SOURCE Optima Fund Management LLC