In his new position, Belt will advise Orchard Global Asset Management (OGAM)’s group management committee on strategic and operational matters, including product and relationship development, public affairs and regulatory policy issues. He will report to Paul Horvath, the firm’s chief executive.
Belt joins OGAM from Palisades Capital Management LLC, where he serves as chairman. He recently was senior managing director of the Milken Institute, and is a former executive director of the Pension Benefit Guaranty Corporation (PBGC). Previously, he was appointed to the Social Security Advisory Board and held senior staff positions in Congress as counsel to the Senate Banking Committee and at the Securities and Exchange Commission (SEC).
OGAM pointed to Belt’s knowledge of financial markets, expertise in regulatory matters and track record of addressing complex financial, operational and policy challenges as key qualifications.