On the US side, Dan O'Connor, Eric Lazear and Michal Dziegielewski have all joined the multi-strategy fund of hedge funds (FoHF) manager. On the European front, Frey hired Penny Aitken and Pacome Breton.

O'Connor, head of North American development and investor relations, was most recently a senior managing director for sales with Asset Alliance. Previously, he worked at Citigroup, in both the alternative investments division and asset management business. Lazear, head of operational due diligence, came to Frey from Duff & Phelps where he held a similar position. Prior to that, he worked in related capacities at FoHF managers FIM and International Asset Management (IAM).  Dziegielewski, senior investment analyst, was formerly strategy head for global macro, fixed income and credit strategies at FIM. Before joining FIM, he was an investment analyst at Ivy Asset Management.

Aitken, who Frey hired in London as an investment manager, was previously head of research at IAM. Prior to this, she held positions at Tisbury Capital Management and Bradshaw Asset Management. Breton, chief risk officer, was most recently head of quantitative research and risk analysis at Pioneer Alternative Investments. He also held a position as market risk manager at Société Générale (Tokyo).