Global macro hedge fund manager Niagara Capital is looking abroad for asset growth.
Niagara Capital, a Toronto firm affiliated with family-owned alternatives shop Friedberg Group, is on the lookout for a head of international sales and marketing. The firm’s Niagara Friedberg Funds are managed in conjunction with Alfred Friedberg’s firm: the Legacy Fund is a Canadian feeder to Friedberg’s C$650 million flagship Friedberg Global Macro Hedge Fund, while the Discovery Fund invests in a concentrated portfolio of managed-futures funds.
Niagara is looking to bring onboard an experienced hedge fund salesman. The new hire will be tasked with raising money from investors internationally, and so will not be expected to relocate to Toronto.