Dublin-based alternative investment manager Abbey Capital has appointed David McCarthy as a non-executive director.

McCarthy is a prominent figure in the alternative investment business with a distinguished track record of investment management since 1977. He has extensive experience in the managed futures industry and is also a respected educator and commentator on the industry.
 
Most recently McCarthy served as Chief Investment Officer of Absolute Return Strategies with Sciens Capital Management in New York.  In 2002, he co-founded Martello Investment Management, a specialist fund of funds and advisory firm concentrating on absolute return hedge fund strategies including global macro and CTA strategies. From 1994 to 2000, McCarthy was an Investment Manager for GlobalAsset Management (GAM) where he managed GAM’s trading funds of funds.  He has also served in various investment and management roles with  Atlantic Philanthropies, Rayner and Stonington, Brown Brothers Harriman & Co, and McKinsey & Co.
  
McCarthy who, holds a PhD from University College Dublin, an MBA from Stanford University, and a BA from the University of New Hampshire, has taught finance and investments at Skidmore College and the University of Massachusetts (Amherst) in the U.S., and University College Dublin in Ireland, and he currently holds an adjunct faculty position at University College Cork. He is also a contributor to the Greenwich Roundtable “Best Practices in Hedge Fund Investing” series, and is the author of a number of academic articles on managed futures, as well as serving on the Advisory Boards of New York University’s Glucksman Ireland House.
 
“We are delighted that David has agreed to join our board," says Tony Gannon, CEO Abbey Capital. "His depth of research and range of financial experience will add to and strengthen our board as Abbey Capital continues to build and develop.”