The alternative asset manager Trium Capital has continued its recent business expansion with the appointment of Patrick Mang to the newly created role of chief operating officer (COO).
Mang joins from HSBC, where he most recently was head of innovation for global markets. In this role, he oversaw fintech partnerships, sponsored internal projects applying AI, Big Data, Cloud and Distributed Ledger Technology to the trading floor, and led HSBC's venture capital investment in the New York based blockchain company Axoni. Prior to that, he had held various positions at the firm, having joined more than a decade ago as an equity derivatives trader.
The author of papers on the future of banking and the impact of fintech disruption, Mang has consulted on regulatory responses for bodies such as the UK Open Banking Working Group, the Financial Conduct Authority, the British Bankers Association and the Monetary Authority of Singapore. He began his career at Deutsche Bank in 2004.
Shenan Dhanani, co-head of Trium Capital, said: "At Trium, we are committed to building out our highly experienced team, which is integral to promoting long-term sustained investment performance. Patrick exemplifies the calibre of talent we look for as we grow our business and look to expand the suite of innovative strategies we offer clients.
"Patrick's deep well of expertise, as well as his proven ability to think outside the box and his intimate knowledge of the investment, regulatory, technological and scientific fields will help Trium become a leading provider of disruptive alternative solutions."
Trium Capital has been expanding its innovative investment offering over the past year. In September, the company brought quantitative investment group Sabre Fund Management - one of Europe's longest-running hedge fund firms - into its multi-boutique structure. The move saw the ten-strong Sabre team move to Trium's London offices, as well as the addition of Sabre Trium Quantitative Equity Arbitrage Fund and the Sabre Trium Dynamic Equity Fund to Trium's range of quantitative solutions. Trium also added the ESG Emissions Impact Fund to its suite of strategies last month.