Veteran institutional funds management marketer and product developer, David Adiseshan, has joined a local hedge fund marketing business.

Adiseshan has taken a contract role with Hatfield Liptak Advisors, which has raised $150 million on behalf of four clients since launching two years ago.

"I am pleased to be joining Rick Bernie, Daniel Liptak and Damien Hatfield to represent and raise capital for some highly skilled alternative investment managers, each of whom have chosen HLA to represent them in the Australian market," Adiseshan said.

"I will be selectively seeking new manager representations, while working on delivery of new institutional accounts and funds in areas as diverse as water usage rights, the long/short credit area of global fixed interest, other alternative approaches to fixed interest management, fund of long/ short Chinese equities, and distressed Australian residential property private equity."

After previous stints at Rothschild Australia Asset Management, Massachussetts Financial Services and UBS, Adiseshan’s most recent role was launching Quattro Asset Management, the vendor of a capital-protected product backed by UBS-designed absolute return indices, that failed to win backing in last year’s dire investment climate.  

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