MutualFundWire.com: Altegris' Sundt Strategizes with Two New Hires and More to Come

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Wednesday, September 11, 2013

Altegris' Sundt Strategizes with Two New Hires and More to Come

In a bid to boost its sales and legal teams, Altegris Investments [profile] has made two executive hires.

Natalie Maniaci has been appointed counsel and advisory chief compliance officer senior. Lés Carrington also comes aboard as the firm's new internal sales desk manager. Carrington held the same post at LPL, where she served for 13 years. Prior to her hire at Altegris, Maniaci was the senior vice president and associate general counsel with Trust Company of the West.

Jon Sundt, the president and CEO of Altegris says that the addition of Maniaci and Carrington "will further enhance our ability to grow and is consistent with our overall mission to provide best of breed alternatives to our investors.”

We can expect more hires in the near future from Altegris as it continues to expand its distribution and operations teams.

See the press release below.

Company Press Release
ALTEGRIS ANNOUNCES STRATEGIC EXPANSION OF TEAM
Lés Carrington and Natalie Maniaci Bring Extensive Experience to Support Firm’s Continuing Growth

LA JOLLA, CA – September 11, 2013 – Altegris, provider of premier alternative investments, has announced a number of strategic additions to its sales and legal teams to support its expansion. Since Altegris launched one of the first actively managed, managed futures mutual funds in 2010, the firm has experienced significant growth both in assets and in adoption by financial intermediaries.

Natalie Maniaci has joined Altegris as the firm’s Senior Counsel and Advisory Chief Compliance Officer. Lés Carrington comes to Altegris as the new Internal Sales Desk Manager after holding that same position for the last five of her 13 years with LPL.

“The human capital within Altegris has always been one of our strengths and a key contributor to our success,” said Jon Sundt, President and CEO of Altegris. “The addition of such experienced professionals as Natalie Maniaci and Lés Carrington to our team will further enhance our ability to grow and is consistent with our overall mission to provide best of breed* alternatives to our investors.”

Previously Ms. Maniaci held the position of Senior Vice President and Associate General Counsel with Trust Company of the West, where she was responsible for advising business units on legal and regulatory matters affecting mutual funds, hedge funds, offshore funds, and separate accounts. Ms. Carrington’s prior responsibilities were to partner with sales leaders to develop sales strategy, provide training and guidance to LPL’s internal consultants, and oversee sales campaigns to ensure their success.

Over the coming months, Altegris will continue to expand its distribution and operations teams in an effort to maintain the highest caliber customer service and education in the alternatives field.