SEATTLE--(BUSINESS WIRE)--Madison Park Capital Partners, LLC, a newly formed alternative asset management firm, today announced that Erik Ogard, CFA, former Director of Multi Strategy Solutions for Russell Investments, has joined the Firm as a Managing Principal. In his role Mr. Ogard will oversee Madison Park’s portfolio management, investor relations and business development activities. Mr. Ogard will work out of the Firm's Seattle headquarters.
Mr. Ogard brings over 20 years of experience in the institutional investment business. While at Russell, Mr. Ogard served in numerous capacities including investment manager research and portfolio management within both the traditional and alternative asset classes. He is a frequent speaker at industry conferences and has made innumerable television appearances covering global economic and capital markets issues and was also a member of Russell's Global Innovation Counsel.
Nicholas Waltner, Founder and Managing Principal of Madison Park, said, "We are delighted to welcome Erik to Madison Park. Erik has extensive experience in the institutional asset management business and we look forward to leveraging his expertise as we build our business and focus on delivering superior risk-adjusted returns for our investors."
Mr. Ogard said, "Although it was a difficult decision to leave Russell, I am excited to join the talented Madison Park team, and I look forward to helping build upon their promising track record and innovative approach to solving the investment problems facing individual and institutional investors."
Madison Park is an alternative asset management firm based in Seattle. Founded in 2002 as Kulshan Capital Management, LLC, by Nicholas Waltner and Simon Roosevelt, the firm was renamed and repositioned in 2012 to address the challenges of the “new normal” investment environment. Mr. Waltner was formerly a Managing Director at Banc of America Securities in Tokyo, where he ran its Equity Financial Products Group and a Director at Nikko-Salomon Smith Barney, where he headed its Japanese Equity Derivatives sales and trading team. Madison Park manages a variety of investment products across separately managed account and pooled investment vehicles designed to deliver superior, risk-adjusted, absolute returns.