Specialist fixed income manager, BlueBay Asset Management (BlueBay) is taking on the US CLO Management business of Royal Bank of Canada (RBC), BlueBay’s parent. The US based CLO Management business has moved across to BlueBay to be integrated into BlueBay’s CLO management platform, under the leadership of Sid Chhabra, who joined BlueBay in 2018 to build the firm’s structured credit and CLO capabilities. The US based team of four experienced individuals and the USD500 million CLO they manage expands BlueBay’s capabilities in US Leverage Loans and CLOs and strengthens the 26 strong leveraged finance team of investment professionals, who manage

London-based RJ O’Brien Limited (RJO Limited), sister company of Chicago-based independent futures brokerage and clearing firm RJ O’Brien & Associates (RJO), has appointed a veteran team of brokers to establish a new specialty in soft commodities.  Gary Papier, James Hunt and David Cutler have extensive experience in futures and commodities, particularly in coffee, sugar, cocoa and cotton. The team reports to Renée Laird, RJO Senior Managing Director and Global Head of Commercial Agriculture and OTC Markets. Papier and Hunt are both Senior Vice President and Soft Commodities Co-Head. Cutler is Vice President, Soft Commodities. Papier and Hunt have worked together for the

Balchug Capital, an event-driven and value investment manager with particular focus on emerging markets, has opened a new office in the Armenian capital, Yerevan. The firm’s head office is in Moscow.Balchug founder and CEO David Amaryan says: “I am of Armenian heritage and take a strong interest in the economic and capital markets development of my home country. With the new government in place, we think there are strong investment opportunities there that those not familiar with the region might miss, and we also wish to support the development of the investment management industry in the country.”   The new office

Seven Bridges Advisors has appointed Elise Rosenberg as Managing Director and Head of Business Development. Rosenberg will have primary responsibility for accelerating growth and oversee marketing, business development, and increasing awareness of Seven Bridges across the investment community. This is a new position at the New York-based investment advisory firm.  Rosenberg joins Seven Bridges from Barclays where she spent over six years, most recently as a Director of Capital Solutions covering institutional investors for alternative investments across strategies. “We are delighted to welcome Elise to Seven Bridges Advisors,” says Larry Cohen, Partner and Chief Executive Officer of the firm. “She brings

Ernst Jansen has been appointed Chief Operating Officer (COO) at Kempen Capital Management (Kempen) with immediate effect. The successor to Erik Luttenberg, Jansen will take on this role alongside his current position of COO of Van Lanschot Private Banking. The new position also sees him appointed to Kempen’s Management Board. Constant Korthout, Van Lanschot Kempen’s Chief Financial Officer and  Chief Risk Officer (CFO/CRO), says: “We’re very pleased that Ernst has proved willing to take on these new responsibilities alongside his current position. This appointment reflects our strategy towards a fully integrated wealth management model by 2023, allowing us to enhance our efficiency

Alternative asset management firm GCM Grosvenor has appointed Amy Wierenga as Chief Risk Officer. Wierenga will report to Fred Pollock, GCM Grosvenor’s Chief Investment Officer, and be responsible for risk management in support of the firm’s global alternatives investment activities. Wierenga will oversee risk underwriting on new investments as well as risk associated with portfolio construction, and will contribute to a continued elevation of the firm’s overall risk analytics framework. Wierenga will also join the firm’s investment committees, which approve investment activity across the hedge fund, credit, private equity, infrastructure and real estate strategies. Wierenga brings more than 20 years of experience

Lyxor Asset Management has appointed Kunjal Shah as Chief Investment Officer of its US-based subsidiary, Lyxor Asset Management Inc (Lyxor Americas).  

24 Exchange, a multi-asset class, 24-hour trading platform, has appointed Tim Cartledge and Steve Resnick to its Board of Directors, taking the total number of members to five. In addition, the company has created a Board of Advisors and appointed Jose Marques and Marty Pompadur as its first two members. Dmitri Galinov, CEO and founder of 24 Exchange, says: “We are very excited to have both Tim and Steve join our exceptional Board of Directors. Tim is a recognised pioneer of the Foreign Exchange industry, with senior management roles at the top sell-side institutions and extensive work in electronic trading. The Board