Pacific Alternative Asset Management Company, a USD9bn fund of hedge funds company, has promoted Dr. Philippe Jorion and Kemmy Koh to partners.

"Philippe and Kemmy's promotions recognize the unique contributions each of them have made to the firm," says Jane Buchan, chief executive officer of Paamco. "Philippe has further enhanced Paamco's strong risk management processes, particularly in evaluating complex securities and new markets. Kemmy has continually shown an ability to master new investment strategies and we are delighted with her latest success in building our Singapore office and overseeing our Asian long/short strategies."

Jorion joined the firm three years ago as a director in the risk management group based in Paamco's Irvine office. He is also Chancellor's Professor of Finance at the Paul Merage School of Business at the University of California at Irvine. He has authored more than 90 publications on the topics of risk management and international finance.

Koh is director of Paamco's Singapore office. She joined Paamco as a summer associate in 2000 and served in a variety of research and administrative management roles on Paamco's investment team before being named, in 2005, an internal sector specialist in event driven strategies. In the summer of 2006 she moved to Singapore to take her current position.