Frontier Capital Management, an investment management company that combines both traditional and alternative asset classes, has promoted Andrew Cracknell to head of intermediary business. This includes IFA and discretionary wealth managers focused largely on the UK. Cracknell joined Frontier Capital at the start of 2007, becoming partner in 2008. Alex Gaitan has been appointed as portfolio manager of Frontier Capital’s hedge fund, Global Hedge. The fund is designed to provide investors with the returns of the global hedge fund industry, but with high levels of liquidity and low levels of risk to underlying managers. The fund manages investments of USD80m.