Hedge Funds

Kern Capital adds to marketing effort


New York-based Kern Capital has added to its client services and marketing team. The firm has hired Aaron Kilberg from William D. Witter Inc. as a managing director and principal of marketing and client services. Kilberg will also head new business development for the money management firm, which focuses on micro- and small-cap growth stock portfolios.

The firm manages $1.6 billion in assets and also runs two small hedge funds. One long/short equity fund focuses on the firm's expertise in the small-cap arena and the other is a concentrated equity fund.