US - Dean S Barr has joined Citigroup Alternative Investments (CAI) as managing director and head of liquid investments.
Barr was previously president and CEO of Thunder Bay Capital Management LLC, a hedge fund he founded in 2003. Before that Barr was the global CIO at Deutsche Bank Asset Management (DEAM).
Michael Carpenter (pictured), chairman and CEO of CAI, said: “Dean brings a wealth of experience and knowledge to our team and I look forward to leveraging his liquid investments experience in our hedge funds, structured finance vehicles, credit derivative proprietary trading and managed futures funds area.”
Barr reports directly to Carpenter in his new role, and will also serve on CAI’s policy committee, investment committee and management committee.
At DEAM, Barr developed the first integrated global investment platforms for all asset classes, as well as creating the Global Research Center. He also helped build the Deutsche Bank absolute return business.
Prior to that, Barr served as the director of research and global CIO of active quantitative strategies for State Street Global Advisors.
CAI manages capital on behalf of Citigroup, as well as third-party institutional and high net worth investors.
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