Clark Fenton is Chief Investment Officer of the Diversified Returns Fund at RWC Partners. Prior to this, he served as Co-Chief Investment Officer at Permal Group, where he oversaw strategy allocation, manager selection as well as portfolio construction as a member of the Investment Committee. Fenton also worked at Morgan Stanley on the Equity Arbitrage desk within Equity Derivatives, trading special situations with hedge-fund clients. Prior to that, he helped manage the firm's hedge-fund lending risk within the Prime Brokerage division.