Hedge Fund People Moves: Steven Solmonson Joins Spectrum Asset Management

by Staff Writer on January 27, 2012

Senior hedge fund professional Steven Solmonson has joined $13.4 billion securities firm Spectrum Asset Management, Inc.

“Steven and I have known each other for more than 30 years, having worked together at Drexel Burnham Lambert where we launched DBL Preferred Advisory Management in 1982.” Mark Lieb, founder and CEO of Spectrum Asset Management, said. “Steven’s experience in the capital markets and, in particular, working with pensions, endowments and professional family offices globally, will make him a tremendous addition to Spectrum’s team.”

Solmonson joins Spectrum following his long-standing tenure as President of Park Place Capital Ltd., having merged the Park Place team into hedge fund Rab Capital last year.

Click link to view full article at Hedgeco.net

Alex Akesson, Hedgeco.net, January 27, 2012

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