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Elementum Advisors, an SEC-registered investment advisor focused on managing investment portfolios exposed to natural catastrophe event risk, has added Adam Maloney to its team as Director of Marketing and Investor Relations.
Maloney came to Elementum from JPMorgan Asset Management where he was a portfolio manager in the Global Multi-Asset Group. While at JPMorgan, Adam was responsible for manager research and portfolio construction for liability driven investment strategies (LDI), discretionary outsourced CIO mandates (OCIO), and inflation sensitive strategies. At Elementum, Adam will support the firm’s marketing, investor relations, and business development efforts.
“We are delighted to welcome Adam to the
Sprott has appointed Trey Reik, a 33-year veteran of the investment management business, as Senior Portfolio Manager and Precious Metal Strategist.
Reik has dedicated the past 13 years to precious-metal investing and, since 2009, has served as Managing Member of Bristol Investment Partners LLC, a registered investment advisor focused exclusively on the sector. Reik has written extensively on precious metals markets and monetary policy and is a recognised public speaker on these topics. At Sprott, Reik's responsibilities will include the development and management of institutional precious metal-focused investment vehicles, primarily in the United States.
"Trey brings to Sprott a unique
Rothschild Asset Management has appointed Michael Woods as Chief Executive Officer (CEO) with immediate effect.
Woods' appointment underlines the firm's strong commitment to continue building a pre-eminent asset management business for Rothschild North America.
Jean-Louis Laurens, Global Head of Asset Management for the Rothschild Group, says, "Mr. Woods' experience and proven track record in creating and implementing successful retail and institutional distribution capabilities coupled with his valuable leadership and management skills will be instrumental in driving our growth strategy in the US."
Most recently, Woods was Head of the Americas, Global Client Group for Deutsche Asset & Wealth Management and
DMS Offshore Investment Services is expanding its International Tax Compliance Group with the addition of Roman Ipfling (pictured), former US Tax Manager at KPMG in the Cayman Islands.
Ipfling is Global Co-Lead of the DMS ITC Group responsible for management operations, systems and reporting. Peter Stafford, attorney-at-law, remains Global Co-Lead of the Group.
The DMS ITC Group is a dedicated, specialist team of attorneys, accountants and compliance experts devoted to serving more than 600 private investment structures in complying with their obligations under the US Foreign Account Tax Compliance Act (FATCA) and other international tax information initiatives.
The ITC Group
Amundi has appointed Navik Patel as Head of Directional Strategies, Senior Analyst at Amundi Alternative Investments, based in the firm’s London office.
Patel has 15 years financial service experience including 11 years Hedge Fund industry experience as both an Analyst and Portfolio Manager. Before joining Amundi AI, Navik worked for five years within Alternative Investments at Aberdeen Asset Management in New York, Philadelphia and London, most recently as Senior Investment Manager. Prior to this, Patel worked as Portfolio Manager/ Senior Analyst at RBS Asset Management from 2004. He moved to New York in 2008 to establish a presence for RBS
Jay Gould and Michael Wu have joined Winston & Strawn’s San Francisco office as partners. Gould will co-chair Winston’s Financial Services and Investment Management practice.
They joined Winston with an integrated team of partners from another AmLaw 100 law firm. Their practices will provide enhanced and expanded services to investment funds, investment advisers, and other regulated financial market participants.
Gould counsels clients involved in all aspects of the financial services industry, including registered investment companies, hedge funds, offshore investment companies, investment advisers, and broker-dealers. He previously served as chief counsel for E*TRADE Global Asset Management, Inc., vice president with TransAmerica
Mitsubishi UFJ Fund Services (Mitsubishi UFJ), has appointed Ken McCarney as Chief Executive Officer.
The position was previously held by Glenn Henderson, who is retiring from his role and will remain an advisor at the firm. McCarney retains his current position as Chief Operating Officer.
McCarney has more than 20 years’ experience in the financial services industry. He joined Mitsubishi UFJ in 2007, establishing the Dublin office and growing it to 170 staff members. Most recently Mr.McCarney was instrumental in the acquisition of Meridian Fund Services and integrating their clients onto Mitsubishi UFJ’s global asset administration platform. McCarney is
ERG Asset Management has appointed Guy Locke as Senior Advisor to the firm.
Most recently Locke was a Partner with Walkers, attorneys at law in the Cayman Islands, and was head of the firm’s Global Insolvency and Restructuring Group for over 10 years.
Commenting, George O'Dowd, Co-President of ERG, says: “Guy’s extensive experience in dealing with distressed fund situations such as Long Term Capital and the Bear Stearns High-Grade and Enhanced Leverage funds combined with his legal and practical knowledge of portfolio illiquidity issues further broadens our asset management capability. We look forward to working with Guy’s deep
Societe Generalehas been appointed as clearing broker and certificate issuer to a range of funds managed by Progressive Capital Partners, a Swiss based alternative investment management group.
Societe Generale Securities Services has also been appointed Custodian to the funds.
Societe Generale’s appointment relates to Progressive’s new Linden Core Fund 1x and Linden Core Fund 2x, which are both Irish-domiciled and have been authorised as UCITS compliant. The funds are part of a growing range offered by Progressive, which now has assets under management of more than USD680 million.
Andrew Dollery, Director, Societe Generale Prime Services, says: “Progressive Capital
Ares Management has appointed Michael R McFerran as Executive Vice President, Chief Financial Officer and Treasurer, effective 23 March, 2015. McFerran will assume firm-wide responsibilities.
McFerran was previously a Managing Director at Kohlberg Kravis Roberts & Co (KKR) where he served as the Chief Financial Officer of KKR’s credit business and was the Chief Operating Officer and Chief Financial Officer of KKR Financial Holdings LLC (NYSE: KFN). Prior to joining KKR in 2005, McFerran spent the majority of his career at Ernst & Young LLP in its financial services industry practice where he specialised in providing assurance and advisory services
