Hedge Funds

AM Investment adds portfolio manager


AM Investment Partners of New York has hired Larry Motola, a veteran trader of options and structured equity products, as portfolio manager for the firm's volatility arbitrage strategy.

Motola has more than 18 years' experience as a trader. Most recently, he served as head of U.S. equity proprietary positioning at JPMorgan. Prior to JPMorgan, Motola spent nine years at Bear Stearns, where as a senior managing director he headed the global volatility business.

AM was co-founded in 2001 by Deutsche Bank alums Adam Stern and Mark Friedman. The firm manages $750 million in assets through three funds: convertible arbitrage, long/short