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Picard joins Navigant in fund restructuring role


Robert Picard, who mostly recently served as chief investment officer at Optima Fund Management, has joined Navigant Capital Advisors as a senior advisor.

Picard will help Navigant – a Chicago-based consulting firm that provides dispute, investigative, operational, risk management and financial advisory solutions – to expand its financial institutions restructuring solutions team.

Navigant formed the financial institutions restructuring solutions team this year in response to the market chaos that has led to the demise of countless financial institutions, including hedge funds. In this new role, Picard will be working with troubled hedge funds to help them restructure their businesses.