People
Chi-X Australia, a wholly owned subsidiary of alternative trading venue operator Chi-X Global, has announced that Peter Fowler will step down as chief executive in early 2013.
He will, however, continue in his role as a director on the board of Chi-X Australia.
Chi-X Global is currently undertaking a global search and evaluation process for a successor, who is expected to be in place before Fowler’s (pictured) departure.
“On behalf of the board and everyone at Chi-X Global, I would like to thank Peter for his myriad contributions over the past five years, as his leadership, knowledge and tenacity have
Eamonn McConnell and John H Walker have joined Kensington Capital Partners as managing directors.
McConnell has lead responsibility for the Kensington Hedge Fund, while Walker leads Kensington’s infrastructure business.
Together with current Kensington managing directors Tom Kennedy and Rick Nathan, McConnell and Walker serve on the Kensington Investment Committee responsible for all investment decisions of the Kensington Funds.
"We are excited to welcome two strong new partners to our Kensington leadership team," says Kennedy. "Eamonn and John each provide complementary perspectives to our investment decision making process."
Ben Eaton has joined Goodwin Procter as a partner in the firm’s London office.
Eaton (pictured) comes to Goodwin from Allen & Overy in London.
As a member of the firm’s tax practice, Eaton’s initial focus will be on tax matters involving investment funds and real estate transactions.
He has considerable experience advising on the tax aspects of numerous types of funds, including private equity, infrastructure/renewables, debt, hedge and real estate. In addition to his multi-sector expertise in the fund formation area, he has advised clients on all aspects of real estate work, including investment, financing, development and leasing as
Direct Access Partners, a diversified institutional financial services firm, has appointed Michael Dolan to launch a new research initiative as part of its expansion across its multi-asset class execution offering.
The Alternative Research Group (ARG) will focus on acquisitions, strategic partnerships, and exclusive relationships with highly differentiated and value-added research teams across various sectors and verticals.
The goal is to provide institutional investors with actionable information and content from independent sources that add incremental value.
“With the Alternative Research Group we take another step in our strategy of actively pursuing relevant and complementary opportunities across brokerage and asset management business
The London Metal Exchange (LME) has appointed Adrian Farnham as the chief operating officer for LME Clear.
Farnham (pictured) joined Turquoise Global in 2007 as chief operating officer and became chief executive officer in 2010. He was instrumental in the market launch of Turquoise, working with Cinnober Technology on the initial implementation of the platform. In 2011 he led the platform expansion into derivatives.
Prior to Turquoise, Farnham worked as an executive director of operations at Morgan Stanley for 13 years.
"Adrian is a fantastic addition to the executive team at LME Clear," says Trevor Spanner, managing director of post-trade
Andrew Beckman has joined Magnetar Capital to lead a new event credit team, working within Magnetar’s global event driven strategies business.
Beckman, who will be based in New York, will report directly to Alec Litowitz, Magnetar chief executive, founder and head of global event driven strategies.
“The addition of this new credit team to Magnetar’s event driven business rounds out our ability to deploy capital across all stages of the corporate lifecycle,” says Litowitz. “Andrew Beckman’s proven track record in this space and his ability to collaborate with teams across platforms make him an ideal leader for our event credit
Patrick Goebel has joined international law firm Dechert’s financial services and investment management group as a partner in Luxembourg.
Goebel was previously with Allen & Overy.
"We believe we have the leading financial services practice worldwide, with unrivalled strength and depth across the US, Europe, Asia and the Middle East. In Europe specifically, we remain unique among law firms in having a presence on the ground in London, Dublin and Luxembourg, Europe’s three key funds jurisdictions. Patrick joining us further strengthens our Luxembourg offering,” says Peter Astleford, co-head of Dechert’s global financial services practice.
Goebel advises on all types of
Brian T Daly has joined Schulte Roth & Zabel as a partner in the firm’s investment management and regulatory and compliance groups.
Resident in the firm’s New York office, Daly concentrates on advising hedge and private equity fund managers on regulatory, compliance and operational matters, including registration and disclosure obligations, trading issues, advertising and marketing, and the establishment of compliance programmes.
Daly joins the firm after nearly a decade serving in-house as general counsel and chief compliance officer at several prominent hedge fund firms. He most recently was with Kepos Capital, which he joined in early 2010 as a
Reech AiM Group, an asset management group specialising in real estate and managed futures, has appointed Gary Sher as finance director and Adam Mincer as head of operations and technology.
Both will be based in London and report directly to Christophe Reech (pictured), chairman and chief executive, Reech AiM Group.
Sher will take on the existing finance function, and will also assist the CEO on the implementation of the new group strategy, including the incorporation of new teams, structures and investment vehicles. He joins Reech from East West Resources (formerly Ambrian Capital) and previously worked at Deutsche Bank.
Mincer will
Grant Thornton has appointed Michael Patanella as leader of its national asset management sector.
“Michael’s expertise and vast knowledge of asset management will be key as we continue to drive growth in this area of our financial services practice,” says Jack Katz, Grant Thornton’s Northeast region managing partner, New York Cluster managing partner and national financial services managing partner.
Patanella (pictured) has more than 15 years of public accounting experience, serving a wide range of financial services companies. His former and current clients include hedge funds, private equity firms, clearing and introducing brokers, mutual funds and exchange-traded funds. He authors
