NEW YORK, July 24, 2013 /PRNewswire/ -- AllianceBernstein L.P. (AllianceBernstein), announced today that Nina Tannenbaum has joined the firm as Managing Director of Alternatives sales and client services. Tannenbaum will work with AllianceBernstein's growing alternatives team to further build out its diverse product offerings as well as service the complex needs of clients to integrate alternatives into their current investment portfolios and risk profiles. Tannenbaum will report to Joel R. Stevens II, Senior Managing Director and head of Institutional Investments.
"With so many firms today competing to build a presence in alternatives, our ability to continue to attract top talent demonstrates that our services are resonating with the industry," said Stevens. "Nina brings a diverse alternatives background to the group and will be an integral part of our efforts to continue to meet the growing demand among clients for alternatives products and risk aware solutions."
Tannenbaum joins AllianceBernstein from Napier Park Value Fund, where she was Director of Marketing and Product Management. Prior to this role, Nina held positions at The Blackstone Group's Alternative Asset Management division, J.P. Morgan & Company and the National Basketball Association. She holds a bachelor's degree from Columbia University and a master's degree from the MIT Sloan School of Management.
About AllianceBernsteinAllianceBernstein is a leading global investment management firm that offers high-quality research and diversified investment services to institutional investors, individuals and private clients in major world markets. At June 30, 2013, AllianceBernstein Holding L.P. owned approximately 38.1% of the issued and outstanding AllianceBernstein Units and AXA, one of the largest global financial services organizations, owned an approximate 64.3% economic interest in AllianceBernstein. Additional information about AllianceBernstein may be found on our internet site, www.alliancebernstein.com. SOURCE AllianceBernstein