Lyxor Asset Management has hired Nicole Sivel to expand its operational due diligence capabilities. 

Sivel will assume a senior role within the operational due diligence team, focusing on the review and evaluation of all operational aspects related to potential and existing hedge fund investments.

Prior to joining Lyxor, Sivel was co-head of operational due diligence for Neuberger Berman Alternative Investment Management.

From 2007 to 2009, she was an associate on the operational due diligence team for Lehman Brothers Alternative Investment Management.

Prior to joining Lehman Brothers, Sivel held various risk management and infrastructure roles at investment consulting firm Veritable from 1997 to 2007.

Sivel will be based in New York and reports to Brynn Coursey-Heegan, Lyxor's head of operational due diligence.