PRINCETON, N.J., Oct. 29, 2014 (GLOBE NEWSWIRE) -- Equinox Financial Group, LLC ("Equinox"), a leading provider of alternative investments, is pleased to announce two promotions within the organization's portfolio management team. Effective November 1, 2014, Dr. Ajay Dravid will become the Chief Investment Officer of Equinox Institutional Asset Management, LP, and Dr. Rufus Rankin will assume the role of Director of Research of Equinox Institutional Asset Management, LP.
"These promotions will strengthen the leadership within Equinox Funds' portfolio management and research team and underscore the firm's commitment to 'Building Better Alternatives,''' stated Robert J. Enck, President and Chief Executive Officer of Equinox. "Both Dr. Dravid and Dr. Rankin have been instrumental in the conception, development and implementation of new products and portfolio management strategies at Equinox Funds," continued Mr. Enck.
Dr. Ajay Dravid is a veteran in the alternative investment industry. He joined Equinox Fund Management, LLC as a portfolio manager in January 2011 with more than 25 years of experience in industry, academia, and financial services. Prior to joining Equinox Fund Management Dr. Dravid was the President of Saranac Capital Management – a separate entity spun out from Citigroup – managing more than $3 billion in hedge fund assets. In his expanded role, Dr. Dravid will oversee all portfolio management activities at Equinox Institutional Asset Management, LP.
Dr. Rankin has been a part of Equinox Funds' portfolio management team since January 2011. Prior to that, he served as a Product Development Manager at Equinox Financial Solutions, an affiliate of Equinox. Over the last few years, Dr. Rankin has also been engaged in the development and implementation of new product initiatives at Equinox Funds. In his expanded role, Dr. Rankin will continue to work alongside Dr. Dravid, managing all Equinox Funds' offerings.
Richard Bornhoft, Chief Investment Officer at Equinox Fund Management, LLC, continues to serve on the portfolio management team for all Equinox Funds' managed futures multi-strategy offerings.
Equinox Funds has been an innovator in alternative investment product development and distribution since its founding in 2003. In December 2009, Equinox Funds launched the Equinox MutualHedge Futures Strategy Fund ("MutualHedge") (ticker: MHFAX), the first actively managed mutual fund with exposure to Commodity Trading Advisor programs. Equinox Funds also sponsors the Equinox EquityHedge US Strategy Fund, the Equinox Alternative Strategy Platform, a menu of single commodity trading advisor programs offered in a mutual fund format, and Equinox Frontier Funds, a public managed futures family of funds with daily liquidity.
Investors should carefully consider the investment objectives, risks, charges, and expenses of the Funds. These and other important information about the Funds are contained in the applicable Prospectus, which can be obtained by calling 1-888-643-3431. The Prospectus should be read carefully before investing.
Securities offered through Equinox Group Distributors, LLC, Member FINRA. 47 Hulfish Street, Suite 510, Princeton, NJ 08542 1-877-837-0600
Equinox MutualHedge Futures Strategy Fund, Equinox EquityHedge Strategy Fund, and Equinox Alternative Strategy Platform are distributed by Northern Lights Distributors, LLC, Member FINRA.
Equinox Financial Group, LLC, Equinox Fund Management, LLC, Equinox Group Distributors, LLC, Equinox Financial Solutions, LLC and Equinox Institutional Asset Management, LP, are not affiliated with Northern Lights Distributors, LLC.