Ermitage Asset Management has appointed Daniel Eichner as head of relative value strategies. He joins the Jersey-headquartered firm from rival US-based fund-of-funds manager Lighthouse, where he held the position of head of credit He will report to Ermitage’s chief investment officer Jonathan Wauton.  Mr Eichner previously managed money directly at two hedge funds covering distressed and value equities, after having worked on Goldman's New York proprietary distressed desk.

He will be based initially at Ermitage’s London operation but will relocate to the US later this year to Ermitage’s recently opened New York office.

He will have a key role in manager research and selection for Ermitage’s asset selection and event driven funds as well as several of the group’s multi-strategy and customised portfolios.