Arena Investors, LLC (Arena) has hired Marcel Herbst as Partner & Head of Business Development.
Arena is a private investment firm seeking to maximize risk-adjusted returns across a variety of fundamentals-based, asset-oriented investment areas. Managing Member Dan Zwirn has started the process of shaping the firm as he rebuilds an investment business that managed $6 billion in equity capital and $12 billion of assets from 2001-2009. The firm employed 275 people across 15 offices globally.
Herbst had previously been an executive at Swiss-based Harcourt Group, where he was COO & Head of Business Development for US business. In addition, he was Managing Director of Harcourt's joint venture with Weston Capital Management.
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