Hedge Funds

Chilton hires client relations pro


Richard Chilton's Chilton Investment has hired Chris Rae to serve as managing director in its client relations department.

Rae joins Chilton from Goldman Sachs, where he was a v.p. in the pension services group. Rae's mandate will be to develop and maintain relationships with institutional investors, including pension plans.

Chilton, based in New York City and Stamford, Conn., runs about $3 billion, most of which is invested in an array of long/short equity strategies.

Last September, Chilton launched a natural resources fund to seize opportunities in what many expect will be a continuing bull market for commodities. The