HedgeFund.net names Don Cacciapaglia CEO

HedgeFund.net names Don Cacciapaglia CEO

Alternative investment platform HedgeFund.net has named industry veteran Don Cacciapaglia as chief executive officer.

Cacciapaglia replaces Scott Minerd, who became interim CEO of HedgeFund.net in September 2000, following the company's acquisition by an affiliate of Links Securities LLC and Capital Z Investment Partners. Minerd will now take up position as chairman of the company.

Cacciapaglia was most recently chief operating officer of UBS PaineWebber's investment banking division. He also led the firm's private equity placement group. Prior to joining PaineWebber in 1996, Cacciapaglia held senior management positions at Merrill Lynch & Co. in the sales, banking and research divisions.

Cacciapaglia comments: "I believe that the market for alternative investments, such as hedge funds, will become increasingly institutionalised...Investors are discovering that hedge funds are an essential part of a well-diversified portfolio, and I believe HedgeFund.net is uniquely positioned to capitalise on that growth."

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