Coast Asset Management, the Santa Monica, California firm founded in 1991, has hired Roy Callahan as a portfolio manager and member of the firm's investment committee. The fund of funds, which recently closed one of its funds and its London office, still manages some $3 billion in assets.
Callahan joins Coast from Stratos Advisers, a southern California-based hedge fund of funds manager. Previously, Callahan worked at Financial Risk Management where his responsibilities included serving on the investment and portfolio management committees as well as training and mentoring FRM investment analyst groups.
Callahan spent six years from 1994 to