One William Street Capital Management has brought in Kathleen Riorda to head up its business development unit. The move is a bid to attract larger institutional investors in a period when hedge funds are finding it difficult to attract new capital.
Riorda joins from J.P. Morgan Alternative Asset Management, where she was global head of client solutions in charge of the largest U.S. and Canadian institutional and consulting relationships. Prior to that, she worked in the foreign exchange groups of both J.P. Morgan and Bankers Trust.
“Our ability to attract senior professionals of Kathleen’s caliber demonstrates the success we