Toronto-based EdgeHill Partners said Friday it has accepted the resignation of Colin Jang as president.

EdgeHill says Jang was integral in the development and launch of the EHP Advantage Fund, managed by Jason Mann.

Jang will continue to have a consulting arrangement with EdgeHill to ensure business continuity, the alternative asset manager says.

“We thank Colin for his significant efforts and for helping to bring us to where we are today. Although we are reluctant to see him go, we understand there are new projects that he would like to pursue,” Brad White, CEO of EdgeHill, said in a release.