People
Agecroft Partners is seeking to add a hedge fund to its manager line up during the first quarter of 2014 and is beginning a due diligence process by identifying mangers who meet the firm’s selection criteria.
The selection process includes sourcing initial candidates through referrals from investors and prime brokers, trade publications, direct contacts from hedge funds and screening multiple hedge fund databases. The universe of candidates will then be narrowed down through a combination of quantitative and qualitative screens.
Quantitative screens include AUM of at least USD75m invested in the strategy and risk adjusted performance near the top
Franklin Templeton Investments has appointed Peter Vincent as head of alternatives sales, Europe.
Reporting to Jamie Hammond, managing director, Europe, Vincent is responsible for new business development of the group’s alternative products in Europe. Based in London, he will work closely with the existing European distribution teams to support the growth of Franklin Templeton’s alternative products.
Prior to joining the group, Vincent worked at Fauchier Partners for seven years where he was responsible for institutional business development and client relations in the UK and Ireland. He also held previous roles at Swiss Re, UFJ International and Bankers Trust. Vincent brings with
Algomi, a provider of information-matching solutions to optimise fixed income liquidity, has appointed Neil Murray as head of European sales.
Murray will lead the growth of the Algomi European sales efforts, based in Algomi’s London office. He is a veteran of the credit trading industry, having worked for 13 years at various investment banks, and will focus on growing Algomi’s client base across the buy and sell-side.
Murray joins Algomi as the firm is rapidly expanding, against a backdrop of incoming regulation and changing market structure. Incoming regulations such as Basel III mean there are now much larger capital
Weeden Prime Services has appointed Frank Napolitani as president.
In this role, Napolitani is responsible for leading the continued expansion of the company’s prime brokerage business focusing on hedge funds, registered investment advisers and family offices.
"Prime services are an integral part of our client offering, and we have made substantial progress adding clients in recent months since the acquisition of Saxis Group in April,” says Andrew Formato, president of Weeden & Co. "Under Frank’s leadership, we expect to build on that success and establish the industry's leading prime brokerage platform."
“I’m truly honoured to be joining such
The Alternative Investment Management Association (AIMA), the global hedge fund industry association, has appointed Jack Inglis as its new chief executive.
Inglis joins from Barclays where he was a member of the global executive committee for prime services and was previously CEO of Ferox Capital between 2007 and 2010. He also spent 16 years at Morgan Stanley where he was co-head of European prime brokerage from 2003-2007.
The appointment follows the announcement in June that current CEO Andrew Baker was stepping down. Baker had been CEO since the beginning of 2009, having previously been deputy CEO since 2007. Inglis
European commercial real estate lending specialist Aeriance Investments has appointed Harin Thaker to the role of chief executive, as the business embarks on the launch of circa EUR1bn of new debt fund activity.
Thaker (pictured) joins the business with over 20 years’ of industry experience. He was previously head of international real estate finance at PBB Deutsche Pfandbriefbank, a lender in real estate finance and public sector finance.
He also served as a general manager of Hypo Real Estate Bank International, before becoming a member of its management board in 2007 prior to its merger with Hypo Real Estate Bank
Simon Cook has re-joined Geoff Wynne, head of Sullivan & Worcester’s new London office, as a partner in the London-based team of seven lawyers focusing on emerging markets structured trade and commodities finance.
Cook joins the firm from Dentons.
Cook’s work in the structured trade area covers a range of pre-export, prepayment and receivables financings acting both for lenders and borrowers notably in the oil, telecoms, soft commodities and metals sectors. He has particular experience in Africa and the Middle East, where he spent a number of years based in Dubai.
Cook and Wynne augment Sullivan & Worcester’s
Paris-based Axiom Alternative Investments has strengthened its institutional business by hiring Christina Perri as director of international business development.
Perri, previously worked at Winton Capital Management as vice president in charge of business dedicated to institutional customers in the UK, Canada and the US, a position she held from 2012 to 2013.
She was previously head of institutional development with Financière de l’Echiquier within the UK and the US from 2009 to 2012.
Perri began her career in 2008 at the Royal Bank of Canada, Capital Markets within the hedge fund team in New York.
Ignis Asset Management has appointed Eric Stobart and David Watts as non-executive directors.
On the board, Stobart will chair the audit and risk committee and Watts (pictured) will chair the investment committee.
Stobart currently holds non-executive roles at Throgmorton Trust, Utilico Investments and Capita Managing Agency and senior trustee positions on the pension schemes of Lloyds Banking Group, Anglian Water, Dixons Store Group and Lloyd’s of London. He began his professional career at Coopers & Lybrand and latterly worked for what is now Lloyds Banking Group from 1977 to 2008. At Lloyds Banking Group, Stobart held various senior positions
John Lyttle has been appointed as chief operating officer of Ogee Group.
Lyttle is a graduate from Fordham University and will primarily focus on investor relations and capital raising.
Lyttle will also contribute to quantitative analysis, trading and operations.
Ogee Group is the management company for start-up hedge fund Ogee Structured Opportunities. The company was one of the JOBS Act pioneers to file the new SEC Form D allowing hedge funds to advertise.
The fund follows an original strategy employing equity derivatives with the aim of generating superior returns overs a medium-term horizon.
