Steve’s breakdown: Small hedge fund invests in new CMO with Goldman and Merrill experience. Sounds encouraging . . .

CHICAGO, IL: Hedge fund Steel Vine Investments has hired a top marketer to sell its wares to high net-worth and institutional investors.

Jason Beaird was named a partner and director of marketing at the Nashville, Tenn.-based firm. He joins from Constellation Associates, where he was a hedge and private equity fund placement agent, and boasts a résumé with stints at Jetstream Capital, Goldman Sachs and Merrill Lynch. At Jetstream, Beaird served as director of client services for six years.

“I am very pleased to be joined at Steel Vine by such an accomplished professional as Jason Beaird,” Spencer Patton, who founded the hedge fund in 2009, said. “He brings a great deal of experience in business development, investor relations, and asset management which will have a positive impact on all aspects of our growing investment company.”

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