Launches & Closures

Pictet rolls out Agora, Kronos long/short equity strategies

by

Pictet Asset Management, the asset management arm of Swiss private banking group Pictet et Cie, is rolling out two new long/short equity-focused funds to investors in an expansion of its growing roster of hedge fund strategies.

The Geneva-based firm is making available to external investors the Agora Fund run by Elif Aktug – a former partner of Goldman Sachs and a senior member of the investment bank’s highly-rated principal strategies group.

Aktug, who was with Goldman for more than 10 years before leaving the partnership at the end of 2010, has been running the Cayman-domiciled Akora strategy internally