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Bandon Hires Ex-Van Kampen Sales Exec

Portland, Ore.-based alternative mutual fund shop Bandon Capital Management has added Terry Swenson as Managing Principal, responsible for the firm’s distribution strategy in intermediary channels.

Prior to joining Bandon, Swenson spent over a decade as a Managing Director at Van Kampen/ Morgan Stanley Investment Management heading up Variable Annuity and sub-advisory strategy and distribution.

“We operate in one of the most dynamic, fast growing and relevant portions of the investment industry,” stated Bandon’s founder and CIO Bill Woodruff. "As we expand our organization it’s critical we add industry leaders like Terry to help build on our clear vision of delivering investment strategies offering characteristics that are truly alternative in more accessible, convenient delivery vehicles.”

Bandon currently manages the Bandon Isolated Alpha Fixed Income Fund (BANIX), a long-short fixed income mutual fund.