People
International Management Services (IMS) has promoted Geoff Ruddick to head of funds.
Ruddick (pictured) has also been appointed to the company’s board of directors.
Ruddick joined IMS back in 2006 as part of the senior management team and since then has contributed significantly to the success of IMS Funds Services, a division of IMS, which is one of the longest standing independent premier fiduciary service providers in the Cayman Islands.
Managing director and legal counsel for IMS, Gary Butler, says: “Geoff has gained a thorough and intimate knowledge and understanding of the organisation, its capabilities and unique competitive advantages
Investcorp has appointed Jonathan Joyce as head of operational risk for the firm’s New York-based hedge funds group.
Joyce has nearly 10 years of hedge fund operations experience and joins Investcorp from FRM Investments, a subsidiary of Man Group, where he most recently served as the deputy head of business risk.
In his new role with Investcorp, Joyce will be responsible for monitoring the hedge funds group's operational risk and performing operational due diligence on all current and prospective hedge fund investments. Joyce reports to Sunil G Nair, head of risk for the hedge funds group.
"Jonathan joins
Neuberger Berman has appointed Erik Knutzen as multi-asset class chief investment officer.
Knutzen (pictured) joins to deepen the multi-asset class strategic partnerships Neuberger Berman has with institutional investors.
Knutzen will drive the asset allocation process on a firm-wide level and create related client content for strategic partnerships and multi-asset class solutions while joining in portfolio management on a number of mandates.
"Erik's skills and experience complement our existing client partnership capabilities," says Joseph Amato, president and chief investment officer, Neuberger Berman. "Adding a seasoned, senior multi-asset class investor to an already deep capability at the firm helps Neuberger Berman deliver
Gar Wood Securities has added three industry veterans, Darren Day, Christopher Calvert and Joseph McDonald.
Gar Wood's expansion is an effort to increase the firm's presence in the emerging manager space by providing prime brokerage and capital introduction to new and emerging fund managers.
The new group offers a combined 40 years of financial market experience, as well as many aspects of fund formation, trading and capital raising.
Day was previously a board member and partner at Concept Capital Markets, after forming and subsequently selling Alaris Trading Partners to Concept Capital Markets.
Calvert assisted in the launch
Jersey Finance has appointed Richard Corrigan as its new deputy chief executive officer.
Corrigan (pictured), who joined Jersey Finance at the start of 2013, will continue to lead the organisation’s market development effort.
In his earlier banking career he held senior roles with both The Royal Bank of Scotland International and Barclays Wealth, working in a number of leading finance centres. Before moving to Jersey Finance, he was director for Barclays Wealth in Jersey.
Geoff Cook, CEO of Jersey Finance, says: “I am delighted that we have been able to fill this senior role from within the organisation.
International law firm Maples and Calder has appointed 12 new partners across its global offices.
The new partners in the Cayman Islands office include Daniel Beckett, Jeremy Bomford, Michael Johns, Jonathon Meloy and Justin Pennay.
James Gaden, Richard Grasby and Terence Ho were appointed to partner in the Hong Kong office.
In the firm's Dublin office, Elizabeth Bradley and John Breslin were elected.
Matthew Gilbert and Tom Katsaros were appointed in the London and Singapore offices, respectively.
Global managing partner Henry Smith says: "Each year, we look forward to the chance to recognise the hard work
Euronext, a wholly owned subsidiary of IntercontinentalExchange Group, has appointed three leaders for its financial derivatives, commodities and cash businesses with effect from 1 April 2014.
Adam Rose will be appointed head of financial derivatives at Euronext. He has a strong track record of growing businesses over more than 20 years in the sales and trading of derivatives at Goldman Sachs and Commerzbank, and in the past seven years as managing director at ABN Amro. Rose has extensive experience in both fixed income and equity derivatives and his most recent roles included head of sales and deputy head of global
Corporate credit specialist fund manager Muzinich & Co has continued to grow its UK presence with the appointment of a new sales manager, James Tomlinson.
Tomlinson, who joins from Schroders, will be responsible for managing relationships with existing Muzinich clients and for new business development.
Joshua Hughes, Muzinich director of institutional sales, says: “James comes to us with an extremely strong record of developing and maintaining relationships with investors seeking high quality investment solutions. We have been growing our UK sales and marketing efforts over the past few years and James’s appointment is part of that continuing process.”
Peak Ridge Capital has appointed Daniel J Greene as a partner.
Greene will be primarily responsible for assisting Peak Ridge Capital in the continuing expansion of its alternative investments platform.
Greene has more than a decade of investment experience across the pension and financial sectors. In his most recent role as the chief executive officer of the City of Boston Retirement Board, Greene was responsible for both the administration of member benefits and the oversight of the USD5bn investment portfolio.
Prior to the CEO role, Greene spent eight years as the deputy executive officer and investment manager for
Multi-asset brokerage and clearing specialist Newedge has appointed Edward Kevelson as head of US OTC energy.
Based in New York, he will report to Robert Vujtech, global head of energy.
“Newedge holds an OTC market-neutral position which enables us to facilitate client trades in a completely unbiased way across a broad spectrum of products and derivatives. We are renowned for sourcing and aggregating liquidity with markets from banks, energy majors, grain and energy merchants, hedge funds and producers,” says Vujtech. “A recognised and respected industry expert with 25 years of experience, Edward will help enhance our OTC energy offering
