People
Independent fund, trust and corporate service provider Crestbridge, has strengthened its Fund Services team with the appointment of Colin Targett as a Director.
Based at the firm’s Jersey headquarters, Targett’s remit will focus on growing Crestbridge’s liquid fund administration and ManCo offering following the firm’s recent approval by the Jersey Financial Services Commission (JFSC) to provide Management Company solutions to investment funds.
Colin brings with him nearly two decades of experience in both the offshore and onshore investment funds industry. Having started his investment funds career with KPMG in Bermuda, he has held a range of roles within the fund
MUFG Investor Services, the global asset servicing arm of Mitsubishi UFJ Financial Group, has appointed Michael McCabe as Sales Director.
McCabe joins from BNY Mellon’s Alternative Investment Services business where he spent more than 10 years leading the North American business development team, following senior roles in operations and relationship management.
With more than 30 years’ experience in the alternative investment industry, McCabe will play a key role in driving business development in North America for MUFG Investor Services’ asset servicing solutions across hedge funds, fund of funds and private equity/real estate funds. These solutions include fund administration, middle-office outsourcing,
GSO Capital Partners has appointed David Flannery as a Senior Managing Director focusing on distressed strategies in both private and public markets. He will be based in New York and brings to Blackstone his extensive experience across leveraged finance.
With nearly 25 years of industry experience, Flannery joins Blackstone from Anchorage Capital Group, where he focused on illiquid credit opportunities and CLOs. Prior to joining Anchorage, he worked at Bank of America Merrill Lynch (BAML) for five years where he held several global group head roles including Chief Risk Officer of Global Banking & Markets and Global Head of Leveraged
The independent Directors/Trustees of the Lord Abbett Family of Funds have appointed Mark A Schmid and Douglas B Sieg to serve on the funds’ Board.
These appointments – effective 20 April, 2016, for Schmid, and 24 February, 2016 for Sieg – expand the number of Directors/Trustees, from nine to 11.
Currently, Schmid is Vice President and Chief Investment Officer of the University of Chicago, a position he has held since 2009. His experience as a financial executive spans almost three decades, including prior roles as Chief Investment Officer at both Boeing Company and DaimlerChrysler. Schmid earned an MBA in finance
As declining open outcry options volume on CME Group's New York trading floor now represents just 0.3 per cent of the company's overall energy and metals trading volumes, CME Group will close its New York trading floor at year-end, subject to CFTC review.
All options products listed with and subject to the rules and regulations of NYMEX and COMEX will be available for trading on CME Globex, and for submission for clearing through CME ClearPort.
Since the company announced in Q1 2015 that open outcry futures trading in New York would end last Summer, average daily volume for
The Depository Trust & Clearing Corporation (DTCC), the premier post-trade market infrastructure for the global financial services industry, has elected three new members to its Board of Directors.
The new directors are Lester Owens, Managing Director and Global Head of Wholesale Banking Operations at JPMorgan; Paul Simpson, Managing Director and Global Head of Equity Asset Management Services at Bank of America Merrill Lynch; and Joseph Weinhoffer, Treasurer and Chief Investment Officer of ED&F Man Capital Markets Inc.
The Board provides direction and oversight for DTCC in the interests of its diverse stakeholders, while promoting safety and stability across the
Corporate, private client and funds company Hawksford has made three associate director promotions.
Rachel Keates (pictured), who joined Hawksford’s private client team in 2012, is responsible for the strategic operational development of the private client team and the wider company, ensuring both are well positioned to respond to the changing needs of an evolving marketplace. In addition to her client-facing role, she has been instrumental in formulating Hawksford’s response to developing international regulation, including FATCA and the Common Reporting Standard.
Since joining the company in 2014, Cherith Fothergill has developed Hawksford’s profile and positioning in Asia, including the launch of
BNY Mellon has appointed Richard Gill as head of its Markets business in Europe, the Middle East and Africa (EMEA). Gill will lead the regional business strategy and have overall responsibility for managing Markets within EMEA.
He will report to Michelle Neal, president of BNY Mellon Markets. “Richard’s appointment allows us to better balance global and regional considerations in managing our businesses,” says Neal. “Our senior regional executives in EMEA and Asia Pacific (APAC) now have dual reporting lines to the head of the region and to the global head of their business. These changes will empower these executives and
Investment management firm Brinker Capital has made changed to its investment team with Chief Investment Officer, Bill Miller resigning with immediate effect.
Jeff Raupp, currently Senior Investment Manager, and Chris Hart, currently Core Investment Manager, have been promoted to Senior Vice Presidents and have assumed leadership of Brinker Capital’s investment team on an interim basis, reporting to Chuck Widger, Executive Chairman.
“The management team at Brinker Capital is very confident with the leadership in place and therefore, has an open timeline for finding the right fit for the role of Chief Investment Officer,” says Widger.
Jason Moore, formerly Managing Director
Financial software company Misys has appointed Mourad Ayachi as European Head of Professional Services and Bob Kubala as Regional Sales Manager for North America for its Investment Management division.
Both will support the Misys FusionInvest product suite, a fully integrated portfolio and risk management system for buy-side firms.
Mourad Ayachi joins Misys from Murex where he was Program Director for Europe and North Africa. He started his career in investment banking at Indosuez and joined Murex in 1998 where he held a number of senior positions and was a founding member of its Professional Services business.
“Misys has
