Offshore law firm Carey Olsen has continued the expansion of its finance practice in the Cayman Islands with the appointment of experienced attorney Adam Bathgate as counsel.

Alternative investment manager Highland Capital Management has added two institutional business development professionals to its team – Laurie Whetstone as managing director, and Kieran Brennan as director. The appointments have been made in anticipation of increased opportunities in distressed credit.   The firm currently operates stressed and distressed credit strategies within various portfolios across the platform. Highland established a dedicated distressed private equity fund during the last credit cycle, focusing on control-oriented investments in senior secured loans of companies in complex distressed situations. Capitalising on opportunities that arose from the aggressive issuance of non-investment grade debt in the years prior,

Angelo, Gordon & Co, an alternative investment firm focused on credit and real estate investing, has appointed Ryan Mollett as Global Head of Distressed Debt. Mollett was most recently a Senior Managing Director of GSO Capital Partners LP, the global credit investment platform of Blackstone, where he focused on distressed and special situation investing. Mollett will report to Josh Baumgarten, Angelo, Gordon’s co-Chief Investment Officer.   Michael Gordon, Chief Executive Officer and co-CIO at Angelo, Gordon, says: “Distressed debt investing has been a core element of Angelo, Gordon’s investment strategy since the firm began nearly 30 years ago. Ryan is

Online multi-asset trading and investment specialist, Saxo Bank, has appointed Ulrik Ross as Head of Group Treasury, effective 1 March, 2018.  Ross (pictured), will report directly to Steen Blaafalk, Head of Group Finance & Risk (GFR), and will be part of the global management team in GFR and Saxo Group’s Senior Management Team (SMT).   In his role, Ross will assume the overall responsibility for all Treasury activities, including managing the bank’s liquidity and professional bank and broker relations. He will also be responsible for pricing the Bank’s capital and liquidity resources, as well as contributing to a strategic approach

Merus Global Investments, a multi‐strategy investment partnership, has opened a new office in Boca Raton, Florida and added trading industry veterans Seth Setrakian and Roger Egbert to the firm’s team. Setrakian and Egbert, who both join Merus as Senior Managing Directors and Partners, will jointly lead a new eight‐person Florida‐based team.   The new team brings a tremendous amount of expertise and talent to Merus and an exceptional track record in US equities, futures and currency trading that further diversifies Merus’ global strategy.   Joseph Monte, CEO and Senior Managing Partner of Merus Global Investments, says: “We are thrilled to

Lee Hodgkinson, Head of Markets and Global Sales of Euronext and CEO of Euronext London Ltd, has decided to pursue a new professional project. Hodgkinson (pictured), will leave in April after more than nine years with the company, to serve as CEO of OSTC, a London-based proprietary trading firm which operates from 14 offices around the world. Hodgkinson will actively participate in the transition process during his notice period.   Euronext says it will take all necessary measures to ensure the transition is conducted in a smooth and orderly manner and the Managing Board remains strongly committed to the achievement

Guggenheim Investments, the global asset management and investment advisory division of Guggenheim Partners, has appointed Brian E Binder has been appointed as a Senior Managing Director and Chief Administrative Officer. He is based in Guggenheim’s Chicago office. Binder (pictured), has over 24 years of experience in the asset management industry. He joins Guggenheim Investments from Deutsche Asset Management, where he was a Managing Director, President of the Deutsche Funds and Head of US Product, Trading and Fund Administration. Previously, Binder was Head of Business Management and Consulting at Invesco, where he served as Chairman of the US Executive Management Committee.

O’Shaughnessy Asset Management (OSAM), a quantitative money management firm with approximately USD6.9 billion in assets under management (AUM) and assets under advisement (AUA), has named Patrick O’Shaughnessy, CFA (pictured), as the firm’s CEO. He succeeds Jim O’Shaughnessy, OSAM’s founder, who remains in his role as Chairman and Chief Investment Officer.   Patrick O’Shaughnessy, previously principal and portfolio manager at OSAM, assumes all CEO responsibilities while working in close coordination with Jim O’Shaughnessy during a transition period that is expected to be complete by the end of March 2018. After that, the father and son will continue to work side-by-side, with

CIFC, a credit manager specialising in US corporate and structured credit strategies, has appointed Jay Huang as a Managing Director, Senior Portfolio Manager and Head of Structured Products Investments. Huang (pictured), will oversee CIFC’s structured products investments business.   CIFC says Huang’s appointment is a key strategic move that will further bolster the firm’s investment expertise and market presence in the structured products space.   Previously, Huang served as Managing Director and Global Head of CLO, CDO and Distressed SIV Trading for Citigroup Global Markets, a business he built to become the top revenue-generating business within the firm’s Structured Credit