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On the heels of high-profile client acquisitions and rapid organic asset growth within the US market over the last 18 months reaching approximately USD65 billion in client assets, iCapital has expanded its reach to serve a growing international client base with heightened interest in private market investments. Read the full story at Wealth Adviser…
Somerset Capital Management (Somerset Capital), a global emerging markets equities specialist based in London and Singapore, has appointed Min Chen as a Portfolio Manager on the firm’s China team.
Chicago Trading Company (CTC) is to expand its credit business with a focus on high yield and distressed credit with CTC Alternative Strategies, based in New York and opening in early 2021. The news comes as the firm announces new hires across its credit business.
Bill Schatz will be joining the firm as a Senior Credit Analyst, where he will lead credit analytics, and focus on distressed and special situations. Schatz joins CTC from CarVal Investors, where he was a senior member of the North America distressed and special situations team. Prior to CarVal, Schatz was a Managing Director at Intermarket
Hilton Global Associates (Hilton Global), a provider of actionable investigative due diligence, has appointed Randy Shain as Chief Operating Officer. Shain will help to build out and oversee Hilton Global’s alternative investments line of business, which is focused on hedge funds, private equity, and fund of funds.
“I’m so excited that we’re able to attract an executive of Randy’s stature and experience to our growing firm,” says Melissa Kelley-Hilton, Founder and CEO of Hilton Global. “Randy and I have known each other throughout our many years working in the industry. His knowledge of the alternatives space is unparalleled – he
The Supervisory Board of European Energy Exchange AG (EEX) has appointed Anja Kiessling as a member of its Management Board. Kiessling will take over the role of the Chief Financial Officer (CFO) with immediate effect.In Anja Kiessling, the Supervisory Board has appointed a specialist for finance and group management to the Management Board, who already knows EEX Group from various areas. The 38-year-old joined EEX in 2008 in the Market Operations department. In 2010, she moved from the Operations business to the Controlling department, which she has managed since 2011. Before joining EEX, the Saxony-born, Business Administration graduate and certified
Merus Global Investments, a multi-strategy investment partnership, has opened a new trading facility in Miami’s financial district, and appointed two new partners, trading veterans Brook Bennett and Faraz Noorani. The Miami office, the firm’s second to open in Florida within the past 18 months, will be headed by Noorani. Bennett will be based out of Merus Global’s headquarters in New York City.
Both Bennett and Noorani join Merus from Aecor Capital Management, an investment management firm they co-founded in 2017. The two bring a combined 35-plus years of trading experience to Merus and will help the firm continue on its accelerated
Maples and Calder, the Maples Group’s law firm, has added Mark Crichton to its growing team in the firm’s Jersey office. Read the full story at Private Equity Wire…
Boston-based Clough Capital Partners is an independent investment boutique which specialises in long short investing, has appointed Dr Noelle Tune, MD as a Director and a healthcare research analyst. In this role, Tune will join the Clough Capital healthcare team led by Chief Executive Officer, co-Chief Investment Officer, and Portfolio Manager Michael Hearle.
“Dr Tune brings the valuable perspective of both a practicing physician with a deep research background and a proven institutional healthcare equity research analyst,” says Hearle. “Her experience on the frontlines in the fight against Covid-19 is tremendously helpful as we pursue themes around testing, therapeutics and services.
Lazard Asset Management (LAM) has expanded its alternative investment platform, with the addition of a New York-based team and their long/short credit strategy. Sal Naro, Vincent Mistretta, Michael Cannon and Sanjay Aiyar have joined LAM from Coherence Capital Partners, forming the Lazard Coherence investment team.
“Sal and his team bring a wealth of investment experience and a unique approach to investing in credit markets. The addition of their credit capabilities is complementary to our growing alternatives business as well as our existing fixed income offerings,” says Loren Katzovitz, Managing Director, who leads the expansion of LAM’s alternative investment platform.
The Lazard
Substantive Research, a research discovery and research spend analytics provider for the buy-side, has appointed Jonathan Furse as Chief Technology Officer.Read the full story at Institutional Asset Manager…
