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Pyxis Capital Names J. Bradley Ross As President

Texas Business reports:  DALLAS—Pyxis Capital, a registered investment adviser serving financial advisers, institutions, and individual investors seeking registered alternative investment solutions, named J. Bradley Ross as president.

Ross has been in the financial services industry for more than 25 years raising assets, building teams and expanding distribution channels for various fund platforms. His skills include asset management, global multi-channel distribution, product development, market analysis and strategic planning.

“The alternative products space is still young and based on the firm's background, platform and team, Pyxis is well positioned to assume the leadership role in this arena,” Ross said in a prepared statement. “I was attracted to Pyxis because of this positioning plus their innovative thinking and commitment to offering a compelling set of alternative investment solutions.”

Ross was most recently executive vice president and national sales director of Ivy Funds, which he joined in its infancy in 2003 and grew to $55 billion in assets.  He was charged with spearheading all aspects of that firm's retail distribution effort.

“His most recent success at Ivy paints a perfect example of what he brings to the table for Pyxis,” said Pyxis Funds chairman Scott Kavanaugh in a statement. “Brad has added significant value to every organization he has been involved in.”

Prior to Ivy, Ross was senior vice president, national sales manager, Independent Channel for ING FUNDS in Scottsdale, AZ. Throughout his career, Ross has held senior sales, business development and marketing roles at Voyager Asset Management, Minneapolis, Van Kampen, Bankers Trust and Alliance Capital Management. He graduated from the University of Denver with a bachelor’s degree in mass communications and political Science. Ross serves as a member of the sales force marketing committee of the Investment Company Institute.

Ross's appointment is concurrent with the resignation of former Pyxis president Joe Dougherty.

“Pyxis is well positioned for me to take this opportunity to step away and spend more time with my family,” Dougherty said in a statement. “I am proud to have seen Pyxis grow to where it is today and believe it will achieve continued success under Brad's leadership and vision.”

Based in Dallas, Texas, the Pyxis fund complex consists of a number of distinct registered investment companies including open-end "mutual" funds and a traditional closed-end fund, with a total of approximately $2.4 billion in retail assets under management.