NEW YORK--(BUSINESS WIRE)--TIG Advisors, LLC (“TIG”), a leading investment platform that oversees more than $1.8 billion across multiple strategies, today announced that Kenneth Goodreau, former Chief Investment Officer of the $8 billion Rhode Island State Pension, will join the firm as Chief Investment Officer, effective January 1, 2013. In this new role, Mr. Goodreau will develop and manage various aspects of TIG’s investment platform, including creating multi-manager solutions for institutional investors, sourcing portfolio management talent and providing thematic investment research.
“We are pleased to welcome a professional of Ken’s caliber to TIG Advisors,” said Spiros Maliagros, President of TIG. “We look forward to leveraging Ken’s deep institutional relationships and broad expertise as both an investor and allocator to support our platform as it continues to grow.”
Goodreau said, “TIG has built a world-class platform and I am excited to work with senior management to further develop TIG’s portfolio managers and their unique businesses. Having built a strong direct investing platform over the last six years, I am confident that TIG’s managers can play an integral role in client portfolios’ success.”
Prior to joining the Rhode Island Treasurer’s Office in 2007, Mr. Goodreau was general partner and portfolio manager of Knollwood Capital Partners, a long/short equity hedge fund. Previously, he was a senior research analyst at Leerink Swaan & Co.
Mr. Goodreau holds a B.A in Marketing/Economics from the University of Rhode Island and is a Chartered Market Technician.
About TIG Advisors
TIG Advisors, LLC (“TIG”) is an SEC registered investment adviser. Founded in 1980, the firm is engaged in the active management of alternative asset funds and their underlying businesses. The company seeks to partner with experienced and talented managers that it believes have proven and repeatable investment processes. The firm strives to provide a platform for managers to preserve the culture, philosophy, and research capability that is distinct to their investment discipline, while also drawing on the institutional infrastructure of TIG.