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Scipion Capital, a commodity trade finance investment manager, has appointed Paul Baker as head of trade finance to oversee all of the company’s trade functions.
In this newly created role, he will report to the firm’s chief investment officer, Nicolas Clavel.
Baker (pictured) brings to Scipion 30 years’ experience in identifying, structuring and closing trade finance facilities.
Before joining Scipion, Baker spent eight years at Sumitomo Mitsui Banking Corporation Europe (SMBC), where he was an assistant general manager in the firm’s structured trade and commodity finance department. Prior to this, Baker was director for metals and mining in the
Lyxor Asset Management has appointed Laurent Renaud as chief executive in Japan, effective immediately.
He replaces Toshiro Kubozono who has retired after nine years in the role.
Based in Tokyo, Renaud (pictured) reports to Lionel Paquin, chief executive officer of Lyxor Asset Management, and locally to Raphael Cheminat, group country head for Japan, Societe Generale.
In his new role, Renaud manages Lyxor’s subsidiary in Japan. His main task is to develop Lyxor’s franchise locally, through building on Lyxor’s strengths – particularly in ETF and indexing and in multi-management – and further enhancing cross-selling opportunities with the large client base of
Aquila Capital is expanding its advisory board with the appointment of Daniel Just (pictured), chairman of the executive board at Bayerische Versorgungskammer (BVK), Germany’s largest public pension fund.
Just has chaired the executive board at BVK since 2013 and previously headed BVK’s asset management division.
Under his tenure the pension fund established real asset investments as an integral part of its portfolio allocation and was one of the first signatories to the UN principles for responsible investment (UN PRI).
Bayerische Versorgungskammer is the competence and service centre for occupational and communal pension schemes. As a public authority of
Fixed income manager BlueBay Asset Management has appointed Mark Bathgate as portfolio manager to its investment grade team.
Reporting to Mark Dowding (pictured), partner and co-head of investment grade, Bathgate’s experience in macro-risk-taking around interest rates and government policy will be used across all strategies in the team, providing investment input at a macro level.
BlueBay’s investment grade team invests across sovereign and corporate debt in long only and hedge fund strategies and manages in excess of USD24 billion.
Dowding says: “In the current market environment, investment fundamentals have given way to macro impacts for the large part
Alternative investment management firm PAAMCO has appointed hedge fund veteran Basil Williams as managing director.
During the next year, he will transition into head of portfolio management, succeeding David Weinberger who plans to retire in mid-2017.
Williams, who was most recently co-chief investment officer of Mariner Investment Group, cites the innovation at PAAMCO as the key driver for him in joining the firm.
"Whether it is providing alternative absolute return portfolios, solving an LDI challenge or constructing bespoke completion portfolios for traditional asset class allocations, PAAMCO has become the go-to firm for the world's most sophisticated institutional investors,”
Man Group has introduced a new senior management structure alongside a number of internal promotions, following the naming of Luke Ellis as chief executive officer (CEO).
The internal management changes will reallocate certain responsibilities, in line with the growth and diversification of the business.
Jonathan Sorrell’s role as president of Man Group has developed to include a number of areas across the business and the intention is that he will step down as the chief financial officer (CFO), following an orderly transition to the new CFO.
Under his new remit as president, Sorrell will focus alongside Ellis (pictured)
Three structured finance partners – Michael Smith, Diala Minott and Cameron Saylor – are to join the London office of law firm Paul Hastings from Ashurst.
This team’s addition follows the June 2015 arrival of structured finance partners Scott Faga and Eugene Ferrer from Ashurst, where they were global co-head of the securities and derivatives group and managing partner for the US offices, respectively.
“Our London office is thriving and our leading global Finance practice is integral to that growth,” says Seth Zachary, chair of Paul Hastings. “Attracting top-tier talent like Michael, Diala and Cameron will help us continue to strengthen our London office
Spring Valley Asset Management (SVAM) has appointed Brian Zeitz as its chief technology officer (CTO), with responsibility for the management and oversight of the firm's technology infrastructure.
This includes overseeing systems design, operational planning, disaster recovery/business contingency planning and cybersecurity.
Prior to joining SVAM, Zeitz was director of technology at NuWave Investment Management (2007 – 2016), performing similar responsibilities under the direction of SVAM’s current managing principal John Ryan.
Zeitz began his career as an Avionics Technician in the United States Navy (1988-1991). Following his honourable discharge from the navy, he was employed as a civilian contractor at the
Man Group has appointed Brian Broesder and Westin Lovy as managing directors based in firm’s Connecticut office.
They are both joining from Bridge Lane Capital, a firm they co-founded in 2012 which specialises in private debt transactions with small and lower middle market companies in North America.
Broesder and Lovy will continue to manage Bridge Lane’s portfolios at Man Group. Bridge Lane currently has over USD125 million in committed capital.
Prior to co-founding Bridge Lane in 2012, Broesder was managing director and portfolio manager at credit manager Whitecap Advisors, which he joined at its inception in 2003.
Broesder’s
Joshua J Yang has joined the Chicago office of K&L Gates as a partner in the firm’s investment management, hedge funds and alternative investments practice.
He joins K&L Gates from Winston & Strawn.
Yang represents investment managers in the formation and structuring of private funds, including hedge funds, commingled funds, and group and collective investment trusts.
A chartered financial analyst, he also advises banks, registered funds, and hedge funds in derivatives documentation as well as on a broad range of Dodd-Frank and US Commodity Futures Trading Commission registration and compliance issues.
Additionally, Yang counsels Chinese futures companies
