NewGAMe, the activist investment group closing in on a takeover of Swiss asset manager GAM, has named hedge fund veteran Randel Freeman as its preferred candidate for the role of chief executive, according to a report by Financial News.

South Korea’s DGB Financial Group has appointed Choi Youngwook, a former long-short hedge fund manager at Daewoo Securities’ now defunct Hong Kong subsidiary, as boss of its new asset management firm in Singapore, according to a report by Korea Economic

Options Technology, a provider of cloud-enabled managed services, market data, and IT infrastructure solutions for the capital markets, has appointed Scott Feagans as Senior Vice President of Sales Engineering.

Cyril Delamare has stepped down from his role of Chief Growth Officer at Waystone Group, a provider of institutional governance, risk and compliance services to the asset management industry, and has been appointed as an advisor to the group.

Swedish financial services provider Vesterhavet Fondkommission AB, which is in the process of changing its name to Meriti Capital, has appointed Ola Björkmo as CEO and Chief Investment Officer and Jonas Sandefeldt as Head of Systematic Fund Management, effective 4

Unlimited, an investment firm that provides investors exposure to the alpha-generating potential of hedge funds and other alternative investment strategies via ETFs, has appointed Michelle Sullivan as Head of Operations and Chief Compliance Officer, effective immediately.

Hazeltree, a New York-headquartered provider of treasury and liquidity management solutions for the alternative asset management industry, has appointed Vlad Berson as the company’s new Chief Marketing Officer.