Altegris, a provider of alternative investments, has named Robert Murphy as deputy chief investment officer.

Altegris, a provider of alternative investments, has named Robert Murphy as deputy chief investment officer, reporting to and working with Jack Rivkin, CIO.

Murphy will join Altegris’ investment committee and assume portfolio and risk management responsibilities.

He was formerly CIO, co-portfolio manager and director of risk at Hatteras Alternative Mutual Funds, a subsidiary of Hatteras Funds, where he spent the past five years. There, he led the portfolio management team, responsible for establishing the policies, processes and direction for asset allocation, portfolio construction and portfolio management.

Prior to joining Hatteras, he worked at Ivy Asset Management - a division of BNY Mellon Asset Management - as a managing director in the investments group and in the investment products and strategy group.

Before joining Ivy in 2008, he was a partner and director of risk management at Meridian Capital Partners, where, starting in 2001, he worked in various roles including investment manager research and portfolio management.

Earlier in his career, he worked at financial industry organizations including DLJ and Bear Stearns.

The Altegris group of affiliated companies is wholly-owned and controlled by private equity funds managed by Aquiline Capital Partners and its affiliates; by Genstar Capital Management and its affiliates; and by certain senior management of Altegris and other affiliates.