EVANSTON, Ill.--(BUSINESS WIRE)--Evanston Capital Management, LLC, an alternative investment management firm with approximately $4.9 billion of assets under management, is pleased to announce the addition of Lance Donenberg, Principal & Head of Strategic Business Development, effective October 1. Mr. Donenberg has overall responsibility for the firm’s business development and client service functions. He joined Evanston Capital Management from Man Group plc, where he served as Co- Head of North America and Head of Business Development.
“Lance is a highly accomplished and recognized leader in the alternative asset management business, with deep industry relationships and many years of notable success,” said Adam Blitz, Principal, CEO and CIO, Evanston Capital Management. “Adam and I have known Lance for many years and had thought about him being part of the team, and we are excited that it’s now a reality,” added Ken Meister, President & COO, Evanston Capital Management.
“I am excited to join this highly talented and experienced group of professionals at Evanston Capital Management, many of whom I’ve known and respected for several years,” said Mr. Donenberg. “The firm’s depth of talent, organizational leadership, and thoughtful approach to investment management are some of the attributes I find most attractive. I look forward to working with Adam, Ken, and the entire team to build upon the success they have achieved.”
At the Man Group, Mr. Donenberg provided overall leadership to Man’s U.S. business. His duties included leading institutional and retail sales for the full suite of Man products, overseeing the firm’s broker-dealer operations in the United States, and serving as Director of the firm’s U.S. corporate entities. Mr. Donenberg earlier served as Head of Sourcing and as a member of the Investment Committee for Glenwood Capital, a division of Man Investments. Prior to Glenwood, Mr. Donenberg was a co-founder and Head of Business Development for Balyasny Asset Management, and earlier was a Portfolio Manager at Schonfeld Securities.
Mr. Donenberg earned a Bachelor of Commerce from the University of Witwatersrand, a Bachelor of Commerce (Honors) from the University of South Africa, and an MBA from the Kellogg School of Management at Northwestern University.
About Evanston Capital Management
Evanston Capital Management, LLC (“ECM”) is an alternative investment management firm focused on providing multi-manager hedge fund programs and custom solutions for institutional and high net worth investors. Formed in 2002, ECM manages a variety of strategies emphasizing more concentrated portfolios, and ECM seeks to identify portfolio managers in which ECM has gained high conviction. ECM manages commingled funds and offers customized solutions to clients looking to tailor their hedge fund program. ECM has approximately 300 institutional investor relationships and approximately $4.9 billion in assets under management. For more information, please visit www.evanstoncap.com.