Pardus Capital Management, a New York-based alternative investment manager, had recruited Lutz Stoeber as a senior analyst to evaluate distressed investments in Western Europe, focusing on Germany. Stoeber has financial analysis, private equity and leveraged buyout experience, with particular expertise
Asset manager GLG Partners has appointed Gerard Griffin and Gerald Lucaussy of Tisbury Capital Management to lead GLG’s event driven strategies. As part of the transaction, GLG Partners will become the investment manager of the Tisbury Liquid Event Master Fund,
Jason Mitchell is rejoining GLG Partners’ investment management team to focus on stock selection in the global environment and social governance area. After a number of years as a media and telecoms investor, Mitchell left GLG Partners in early 2008.
Last week, Man Group, the world’s largest listed hedge fund manager, announced that its pre-tax profits had soared by 60 per cent to USD2.1bn for the financial year ending on March 31, as
Thomas Lenz has resigned from all executive boards of the Eurex Group and also has stepped down from all managing director posts within Eurex. Lenz left the company at his own request. As a Eurex executive board member Lenz was
Octopus Investments has hired Thierry Serero to spearhead its fund management of European assets. The firm plans to launch a European absolute return fund in late spring, adding to its suite of absolute return solutions which includes the CF UK
Itarle, a provider of high-performance, best execution services, algorithmic execution and analytics services to trading venues, has appointed James Thorpe as Regional Manager of its Chicago office to further boost its presence across North America. Thorpe joins Itarle from Clear
NYSE Amex options, one of NYSE Euronext’s two US options exchanges, has appointed Steve Crutchfield as chief executive officer. In this newly-created role, Crutchfield will be responsible for the day-to-day management of NYSE Amex options, and upon receiving SEC approval
Duco, the data engineering technology company whose clients include international banks, brokers, exchanges, asset managers, hedge funds, administrators, service providers and corporates, is opening three new offices in Singapore, Wroclaw and Edinburgh. The move follows several years of rapid growth
Jonathan Sorrell, currently Man’s Head of Strategy and Corporate Finance, is to replace Ken Hayes as Finance Director with immediate effect. Hayes, who joined Man in 2007, is leaving the company to pursue other professional and personal interests. Jon Aisbitt
