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Evercore Partners has appointed Robert A. Pacha to its advisory practice as a senior managing director to lead the firm’s midstream energy practice.
The international derivatives exchange Eurex is to launch four futures products based on the dividends of the SMI, Dow Jones Euro Stoxx Select Dividend 30, DivDax and Dax Kursindex (Pri
Neuberger Berman Group, a privately held independent money manager, has hired Michael J.
Funds of hedge funds were widely predicted to become one of the principal casualties of last year’s annus horribilis for the hedge fund industry.
Small hedge funds averaged a loss of -17.03 per cent in 2008, while medium-sized and large funds fared better with average losses of -16.04 per cent and -14.10 per cent respectively, ac
Welton Investment has hired Guillaume Detrait as managing director, chief risk officer.
He is based in the firm’s headquarters in Carmel, California and reports to chief executive Patrick Welton.
Detrait (pictured) will oversee Welton’s enterprise risk management function.
‘We’ve always appreciated the enterprise-wide need for risk management. Investment risk often garners much of the focus, but investment risk is really just a fraction of the firm’s total exposure. Formalizing the chief risk officer role in Guillaume is a logical progression in our growth to help unify the management and oversight of this critical area of our business,’ says
Houlihan Smith has appointed Tom Kornmeier as a managing director in its New York office.
NIR Group, an alternative investment firm, has appointed David Ratzker as portfolio manager to head the firm’s structured equity investments.
Man Group’s assets under management fell by more than a third in the 12 months to March 2009 to USD46.8bn, according to figures released by the alternative investment manager.
