Ali Homayoun has joined GAM as a client director, focusing on marketing GAM's single manager hedge fund range notably to fund of hedge funds clients, and reportin

Ali Homayoun has joined GAM as a client director, focusing on marketing GAM's single manager hedge fund range notably to fund of hedge funds clients, and reporting to Craig Wallis, head of institutional and fund distribution.

According to the asset manager, the appointment of Homayoun to this new dedicated role emphasises GAM's ongoing commitment to its 12-strong range of single manager hedge funds.

Homayoun joins GAM from Phylon Investment Advisers, where he has been a trading and investment analyst since 2005. He was previously director of hedge fund equity research sales at Lehman Brothers.

GAM's range of single-manager hedge funds includes 10 equity funds, of which the largest are the GAM European Equity Hedge managed by John Bennett, with USD1.11bn in assets at the end of September, the USD676m GAM UK Equity Hedge Fund managed by Ross Hollyman, the USD351m GAM Global Emerging Markets Hedge Fund managed by Sean Taylor, the USD257m GAM Asia Equity Hedge managed by Michael Lai, and the USD224m European Small Cap Hedge Fund managed by Bennett and Patric Slama.

GAM also offers the GAMut Fund, a global macro fund managed by Bruce Kovner of Caxton Associates with USD1.35bn in assets at the end of September, and the USD516m GAM Arbitrage Fund, which invests in merger arbitrage and bankruptcy and distressed debt and is managed by John Angelo of Angelo Gordon.