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The Alternative Investment Management Association (AIMA), the global hedge fund association, has appointed two deputy chairmen from its existing directors and an investor-appointee to the AIMA Council.
The new deputy chairmen are Andrew Bastow (pictured), head of government and regulatory affairs and general counsel, Winton Capital Management; and Chris Pearce, Asia chief operating officer, Marshall Wace Asia.
The new investor-appointee is Robert De Rito, head of financial risk management, APG Asset Management US.
Bastow has been Winton’s general counsel since 2005 and is responsible for spearheading the firm’s engagement with regulatory bodies and lawmakers in Europe, the US and
Hedge fund manager Man Group has combined two of its hedge fund units and made changes to the company’s management structure ahead of Emmanuel Roman (pictured) taking over from Peter Clarke as chief executive officer on 28 February.
According to reports, Luke Ellis is to become president of the company with responsibility for its three main investment divisions, FRM, GLG and ALM, which runs the group’s largest hedge fund AHL.
Sandy Rattray, meanwhile, will replace Tim Wong as chief executive of AHL, with Wong taking up the role of executive chairman of the flagship quantitative division.
AHL, which saw assets
Scipion Capital, the African commodities investment specialist, has strengthened its London office with three appointments.
The new hires come during a period of significant growth for the firm, and in anticipation of major new investment in 2013.
The increased global popularity of commodities trade finance as an investment strategy has led to a significant uptick in interest in the firm’s Commodities Trade Finance (CTF) Fund. The fund, which finances trade in soft and mineral commodities in Africa, has generated positive returns in every month since inception.
The fund’s track record and the growing popularity of CTF as a
Heritage International Fund Managers (HIFM) has made a number of promotions following a successful 2012 in which the company saw growth in existing client business and new appointments within the fund services group.
Norman Amey (pictured) has been promoted from head of fund accounting taking up a position on the company’s board of directors with responsibility for accounting and finance across the wider Heritage Fund Services Group including UK and Malta. Amey has been with the company for over four years and has played an important role in the development of the current accounting services.
In addition, James Christie, David
International law firm Chadbourne & Parke has appointed Sean Dailey as counsel in the private funds group in its New York office.
Dailey comes to Chadbourne from Skadden, Arps, Slate, Meagher & Flom where he worked in the investment management group.
He has significant experience structuring and advising domestic and offshore hedge, hybrid and private equity funds, and has represented registered investment advisers, closed-end investment companies and broker-dealers on fund formation and on-going investment matters.
"This is an exciting time for Chadbourne as we continue to add first-rate legal talent to further expand our investment management capabilities in this important
Maples Fiduciary Services has expanded its investment funds team in the Cayman Islands with the addition of Abali Hoilett as senior vice president and fund director.
Hoilett has extensive experience in providing director and trustee services to a wide array of investment fund structures and strategies.
In his new position, Hoilett will serve as an independent director on a limited number of hedge funds and private equity funds.
The investment funds team comprises 25 professional directors resident in the Cayman Islands, Delaware, Dublin, Dubai and Luxembourg, serving a broad range of investment fund structures.
“We are delighted to have Abali
Anthony Maniscalco, the former head of alternative asset management within Barclays’ financial institutions investment banking division, has joined Blackstone Alternative Asset Management (BAAM), Blackstone’s hedge fund solutions business.
He will be a managing director on BAAM’s investment team, focusing his efforts with Greg Hall and other senior team members on building out its platform to purchase ownership interests in hedge fund businesses.
Hall says: “It is a great time for BAAM to focus on investing in leading alternative investment firms. Hedge funds continue to gain market share within the asset management industry, founder-owners are focusing on equity values and succession
BTIG Australia, which specialises in institutional trading and related brokerage services, is expanding its Sydney office with the appointment of two experienced sales traders – Rob Farrington and Andrew Manchee.
“Australia is an important component to our expansion in the Pacific Rim,” says Steven Starker, co-founder of BTIG. “We are seeing an increasing level of opportunities in that region and the addition of Rob and Andrew will allow us to broaden our client coverage.”
Farrington joins BTIG as an equity sales trader. He has over 15 years experience in equity sales trading, most recently serving as head of sales trading
Opus Fund Services, an independent full-service fund administrator, has expanded its US platform with the opening of a New York office.
The Park Avenue location will initially focus on business development and will be headed by the new director of sales and business development, Jorge Hendrickson.
Hendrickson previously worked at Concept Capital Markets in its prime services group as vice president of sales and business development. Prior to Concept he worked for five years on the buy side, most recently at Trading Cross Connects, specialising in allocating capital and infrastructure services to emerging managers. He was previously at Intrepid Capital
Dynasty Financial Partners has appointed Michael Moriarty as director of investment platforms.
Moriarty will be based in New York City and has been appointed to the Dynasty Financial Partners investment committee. He will report to Todd Thomson, chairman of Dynasty, in Thomson’s role as interim chief investment officer.
As head of investment platforms, Moriarty’s responsibilities include developing and expanding the firm’s investment management solutions, including the Dynasty Separately Managed Account (SMA) and unified Managed Account (UMA) capabilities delivered in partnership with Callan Associates, one of the largest institutional investment consulting firms in the US, and Envestnet, a provider of technology-enabled
