Hedge Funds

Putnam Lovell NBF adds cap intro pro


Putnam Lovell NBF Securities has been quietly incubating a convertible bond fund that it plans to roll out in the coming months. It is the first of a series of funds that the group intends to incubate with internal capital before offering to outside investors.

Putnam Lovell recently hired Luke Imperatore from Old Hill Partners, a fixed-income and asset-backed group, to help market the funds on the platform. Imperatore will work with Daniel Kochav, who heads up Putnam Lovell NBF's alternative investments group.

Putnam Lovell NBF's move to seed and incubate hedge funds is a departure for the investment