People
Howard Altman, co-chief executive and principal-in-charge of Rothstein Kass’ financial services group, has been elected treasurer of the Managed Funds Association (MFA).
Altman (pictured) has also been appointed by MFA to serve a one-year term as a member of the organisation’s board of directors. This marks the third consecutive year he has been named to the organisation’s board and elected treasurer.
MFA represents the global alternative investment industry and its investors by advocating for sound industry practices and public policies that foster efficient, transparent, and fair capital markets.
“As a leader in the alternative investment space for
RiverRock European Capital Partners has appointed Joseph Dryer as managing director of RiverRock Securities.
He will responsible for building and heading up RiverRock’s capital markets and advisory team and will shortly be joining the board of directors.
Dryer (pictured) was previously founder and chief executive of Heritage Capital, the specialist merchant banking business of Banque Heritage, Geneva from which he led a management buy-out in 2011. Prior to Heritage Capital and over the past 30 years Dryer has held a number of senior investment banking positions, starting at Hambros Bank before moving to Paribas Capital Markets and most
BNP Paribas Securities Services has appointed Florence Fontan as head of the asset manager client segment.
Fontan (pictured) has overall responsibility for strategy, business development, products and services to the custodian bank’s asset manager clients and prospects.
Fontan reports to Charley Cock, head of client development, and Philippe Ricard, head of asset and fund services.
Fontan says: “I am pleased to take on this new position at this pivotal time in global finance. Asset managers, now more than ever, need support around fund administration and distribution. They need to outsource certain activities to focus on their core
North of South Capital, the London-based global emerging markets fund manager, has appointed Davina Rich as senior analyst in its fund management team.
Rich’s primary role is bottom-up analysis and enhancing the stock-picking process.
Rich was previously founding partner and portfolio manager of Stoneware Capital, a global equity hedge fund based in London. She also held the position of global equity portfolio manager, including emerging markets, at Deutsche Asset Management where she worked with North of South principal fund manager Matt Linsey.
North of South Capital was established in 2004 and runs two GEM funds, a Cayman-registered
Mehtap Dinc and Brendan Bradley have been appointed as members of the executive board of Eurex.
Dinc will take over responsibility for product research and development from Peter Reitz, who will remain on the executive board and continue to be in charge of European Energy Exchange (EEX) and Eurex Repo.
Bradley will be responsible for innovation management.
The effective date for the new Eurex executive board structure will be 1 October 2013.
“I am looking forward to working with Mehtap and Brendan as both have deep and extensive knowledge of derivatives markets and products. The appointments
Aquis Exchange, the proposed pan-European equities trading exchange, has appointed three non-executive directors to its board of directors.
Adam Maciejewski, chief executive of Warsaw Stock Exchange (WSE), Pawel Czupryna, senior WSE advisor, and Peregrine Holdings’ founder Sean Melnick have joined the board as shareholder representatives.
In addition to heading up WSE, Maciejewski is the chairman of the supervisory boards of the Polish Power Exchange and BondSpot (a fixed income market operated by WSE). Outside of business, he is involved in a number of educational activities: he is chairman of the Programme Council of the Academy of Capital Markets
MSCI has hired Darla Hastings as chief marketing officer.
Based in New York, Hastings reports to MSCI’s chairman and chief executive Henry Fernandez and is a managing director and a member of the firm’s executive committee.
“With three decades of marketing experience in the investment management industry, Darla brings a wealth of relevant and valuable business insight with her and we are delighted to welcome her to MSCI,” says Fernandez. “In this new role, Darla will lead a major and rapid transformation of MSCI into a much more customer-centric and marketing-focused organisation, working closely with the firm’s senior
In a further expansion of its leveraged finance practice, Milbank has appointed Laetitia Costa as special counsel based in the firm’s London office.
Costa joins Milbank from the Paris office of Clifford Chance, where, as counsel, she focused on and has been involved in major European leveraged finance and debt restructuring transactions, including the EUR1.3bn financing of the acquisition of Financière Spie from PAI, the EUR545m financing of the acquisition of Compagnie Européenne de Prévoyance (CEP) and the restructuring of EUR800m debt owned by Deutsch.
Her expertise expands also to syndicated lending, structured finance and real estate transactions. She
Christopher Lovgren has been appointed global head of loan syndication at Natixis in London.
Lovgren will report to Alain Gallois, global head of the debt platform and fixed-income and treasury sales, and locally to Olivier Allard, head of capital markets in London.
Lovgren began his career in 1995 with Société Générale CIB (SG CIB) in Paris as deputy relationship manager before becoming associate, loan syndications for the EMEA region. In 2000, he was appointed director, loan syndications at UBS Warburg in London, and in 2004 he became director, leveraged loan distribution at SG CIB, London.
In 2005,
GH Financials Group (GHF), an independent clearing firm for exchange-traded derivatives, has appointed Mark Ibbotson as group chief executive officer, effective 7 October.
Based in the London headquarters, Ibbotson (pictured) will be leading the growth and expansion of the group, which currently has offices in Chicago and Hong Kong.
Peter Lovell has been appointed to the position of chief executive officer of GH Financials (Hong Kong) Ltd and will relocate to Hong Kong to drive the firm’s expansion in Asia.
John Foyle, chairman of the board of GHF, says: “We are delighted to welcome Mark Ibbotson
