Director of Manager Research
Erik has 21+ years of financial industry experience. In this role he performs investment and operational due diligence on asset managers, sources new asset managers, and conducts background checks on potential Hydra Platform managers. Mr. Franken also works closely with current and potential clients, works with Kettera’s risk group, collaborates on internally generated research pieces, and sits on Hydra’s Investment Committee.Prior to this he worked at Balyasny Asset Management (BAM) in Chicago, a multi-billion dollar multi-strategy hedge fund, completing operational due diligence for current and potential investors into BAM’s products. Prior to this he was the Managing Director of Due Diligence at AlphaMetrix Group, a managed account platform located in Chicago. During his 8+ years at AlphaMetrix, Mr. Franken performed investment and operational due diligence on asset managers, sourced new asset managers, worked closely with the risk group and interfaced with current and potential clients. Prior to this he was an investment analyst at RQSI Access in Chicago. Prior to this he was a market maker on the Pacific Stock Exchange, Boston Stock Exchange and the Midwest Stock Exchange. Mr. Franken graduated from the University of California, Los Angeles (UCLA) with a B.A in Economics. He earned his CFA designation in 2002 and the CAIA designation in 2008.