Hedge Funds

Berg takes top job at Vega


John Berg was recently named chief executive officer of Vega Asset Management USA. He expected to step in to the new post on April 1. While it remains unclear what future plans the European fund giant Vega may have for its younger North American affiliate, Berg's background may give some indicator. Berg was formerly with a group called Nighthawk, a third-party marketer that in the past raised money for Vega. Two of Vega Asset Management USA's CTA and macro programs, including the Vega Select Program, are part of the Carr/Barclay CTA Index. Meanwhile, New York-based Nighthawk recently