People
Dutch hedge fund specialist Theta Capital Management has added VR Global Offhore Fund Ltd (VR Global) to its flagship Legends Fund.
VR Global, which is run by Richard Deitz, supported by a team of nearly 40 people and offices in London, New York, Moscow, and Dubai, predominantly invests in distressed debt and specialises in emerging markets.
The Legends Fund, launched in February 2010, allocates to a selection of 10-15 ‘legendary’ hedge fund managers. This way it offers access to some of the most renowned money managers that are typically closed to new investors. The selection of managers in Legends
First Names Group has appointed Eric Fady (pictured) as Chief Financial Officer (CFO) with immediate effect.
Reporting directly to the CEO, Cengiz Somay, Fady will assume overall responsibility for delivering on the Group’s financial support needs in order to help achieve its vision for continued growth. Working closely with the board, management team, finance team (led by Andy Ruddy) and our private equity partner, AnaCap Financial Partners LLP, Eric will oversee corporate finance, accounting, investor relations and capital and financing strategies for the Group.
Fady has over 20 years’ international and corporate finance experience working for public and private
Macquarie Investment Management (MIM), the investment management arm of Macquarie Group, has appointed Dominic Janssens as the firm’s new global chief operations officer, based at its global headquarters in Philadelphia.
In this role, Janssens’ responsibilities will include developing the strategy to optimise and scale MIM’s global platform in areas including investment operations, administration, controls, fund accounting, business management and financial and management analysis.
Janssens will join the organisation on 4 April and will report to Ben Bruck, the global head of Macquarie Investment Management and the chairman of Delaware Investments. While based in Philadelphia, he will oversee MIM’s operational
ZAIS Group Holdings has appointed Gregory Barrett as Head of Client Relations and Business Development, effective immediately. Barrett reports to Michael Szymanski, Chief Executive Officer, and is based out of Red Bank.
As the Head of Client Relations and Business Development, Barrett will work with the firm's Client Relations team, portfolio managers, and Chief Investment Officer, Christian Zugel, to lead and create distribution strategies for ZAIS. In addition to developing the strategy, he will be responsible for client service to our investors.
Barrett joins ZAIS with 23 years of industry experience, including capital formation, capital introduction, and entrepreneurial start-ups. Prior
Point72 Asset Management (Point72), the family office managing the assets of its founder, Steven A Cohen (pictured), and eligible employees, has named Joshua Varsano to lead its Human Resources (HR) group.
Varsano will be responsible for managing all of Point72’s HR operations, including: compensation and benefits; Investment Services talent acquisition; the talent management and promotion processes; and the Firm’s HR Generalist team.
“Josh has a strong record of leading innovative transformation across recruiting, leadership, and overall talent management organisations. His expertise and experience are assets as we continue to transform the human capital platform and culture of Point72 in
The Swiss Futures & Options Association (SFOA) is changing its name to the International Commodities and Derivatives Association (ICDA).
The change has been made to support the latest requirements of the Association’s members, who include global brokers, bankers, investment fund managers, commodities trading firms, market information providers and service companies, as well as exchanges and clearing houses. From now, ICDA is also accepting individual members for the first time in its long history.
Dan Day-Robinson, CEO, ICDA says: “We are delighted to be making these changes to our Association. We have always been an international, all-inclusive organisation, so we
Lightkeeper a provider of portfolio intelligence tools to the hedge fund community, has made three key appointments – Stephen Scherock, Kate Martz, and John Connors.
Scherock joins Lightkeeper as Product Manager. He has spent the last 20 years at Morgan Stanley, and for the past decade has focused exclusively on the needs of the hedge fund community. Scherock's specialty is performance and risk analysis, most recently as an Executive Director in Morgan Stanley's Prime Brokerage Group. He has helped hedge funds by configuring systems, reports and insights for day-to-day monitoring of performance and risk calculations. Previously at Morgan Stanley, Scherock helped
Elementum Advisors has promoted Paul Barker to Principal & Portfolio Manager and Chris Cebula to Portfolio Manager, effective 1 February, 2016.
Barker joined the firm as a Catastrophe Modeling Analyst in 2011. He subsequently moved to Elementum’s Bermuda office in 2014 and transitioned to portfolio management with a focus on portfolio construction, hedging, and analysis of collateralized reinsurance investments.
Rettino, Founding Principal & Portfolio Manager, says: “Paul's commitment and leadership have been instrumental in improving our portfolio construction tools and processes. His efforts across multiple areas have benefited the firm greatly.”
Cebula joined Elementum in 2010 as an Analyst
The Board of Supervisors of the European Securities and Markets Authority (ESMA) has appointed Anneli Tuominen as its Vice Chair. Tuominen, who is the Director-General of the Finnish Finanssivalvonta (FIN-FSA), will serve a 2.5 year term effective immediately.
She replaces Carlos Tavares, former Chairman of the Portuguese Comissão Do Mercado De Valores Mobiliários (CMVM), whose has completed his term.
Steven Maijoor, ESMA Chair, says: “I am delighted to announce the appointment of Anneli Tuominen as ESMA Vice Chair. As one of our longest serving members she has demonstrated her commitment to supporting ESMA in the pursuit of its
Alternative asset management firm Black Diamond Capital Management has appointed Todd Arden as Senior Managing Director and Co-Chief Credit Officer.
Arden will have responsibility for co-managing Black Diamond's underwriting processes and credit exposures and will also source stressed and distressed investment opportunities for Black Diamond's funds. Hw will be based in Black Diamond's Greenwich, Connecticut office.
Stephen H Deckoff, Black Diamond's Managing Principal, says "I am excited to have Todd join the firm and am confident that his deep experience in credit and distressed investing will be a great asset to Black Diamond. With significant opportunities and challenges presenting themselves
