People
Irwin Menken, founder of software company C3, has joined Avalon Lake Partners.
C3, a proprietary, web-based regulatory infrastructure tool, assists hedge funds and broker dealers with document aggregation, document audit trails and calendaring as these tasks relate to SEC and FINRA compliance.
Menken will support Avalon Lake’s sales operations and technology implementation, expanding its product base, and integrating C3 with the firm’s existing compliance offerings.
"Irwin is a compliance maven in the hedge fund space, and his C3 software will enhance Avalon Lake’s already robust offering, positioning our firm as a top compliance resource for financial institutions," says Lou Sala,
The London Metal Exchange (LME) has appointed Chris Jones as the chief risk officer for LME Clear.
Jones worked previously as a managing director and chief risk officer for LCH.Clearnet Group.
During a 20-year career at LCH, Jones was at the forefront of developments in the risk and clearing space, including regulatory change, the launch of several clearing services in new markets and active management of major defaults such as Lehman Brothers and MF Global.
"We are delighted that Chris has joined us here at LME Clear," says Trevor Spanner, managing director of post trade services at the LME. "His
José Galeano has been named as head of investor relations manager for Swiss alternative investment company Altin.
He will be assisted in this role by Marc T Clapasson.
Galeano’s (pictured) previous role as an in expert in alternative investments will be filled by Michaël Malquarti.
Both appointments come into effect on 1 November 2012.
Sciens Capital Management Group has appointed Farhang Mehregani as chief investment officer of Sciens Alternative Investments (SAI) division.
SAI comprises Sciens funds of hedge funds business, managed account services, investment services and advisory solutions.
Mehregani will report to Sciens Alternative Investments chief executive officer Stavros Siokos, and will also be a member of the investment committee for Sciens’ fund of funds business.
Siokos says: “We welcome Farhang as a strategic addition to the team. His extensive experience gained in risk management and the hedge fund environment will prove invaluable to Sciens and in helping our clients to achieve their
Phoenix Investment Adviser, a private investment firm that specialises in high-yield corporate debt, has named Peter Hughes as a senior research analyst.
As a part of the investment team, he will cover the technology, business services, retail, restaurant, and metals and mining sectors.
Hughes is the most recent of several senior hires appointed in response to increasing interest from institutional allocators – including a recent USD40m seed investment into Phoenix’s Institutional Credit Opportunity Fund. Hughes will report to Phoenix’s founder and chief investment officer Jeffrey Peskind.
Founded nearly a decade ago, Phoenix focuses on bonds of highly leveraged US companies
Avalon Lake Partners, an advisory firm for the alternative asset management industry, continues to build on its platform by adding Michael Byl as a director, rounding out its pre-launch and compliance activities, and enhancing its due diligence offering.
“In this difficult capital-raising environment it is imperative that funds distinguish themselves from the competition by emphasizing and effectively communicating their edge to the right targets,” says Lou Sala (pictured), managing partner and chief executive of Avalon Lake Partners.
Byl has three decades of experience in marketing, capital-raising and compliance. Over the course of his career he has raised in excess of
Equity brokerage and technology firm Olivetree Financial Group has appointed David Bell as chief executive of its US subsidiary, Olivetree USA.
Bell will report into Daryn Kutner, chairman and chief executive of Olivetree Financial Group.
Bell will be responsible for spearheading Olivetree’s continued growth in the US with a particular focus on Olivetree Solutions’ OTAS platform to US-based buy-side institutions, including asset managers and hedge funds. OTAS is a suite of content and tools that provides traders and portfolio managers with unparalleled insight into the risks and signals relevant to them.
Bell joins Olivetree from Redburn Partners where
The Depository Trust & Clearing Corporation (DTCC) has appointed James Lee as managing director and head of enterprise computing, bringing more than two decades of leadership experience in information technology operations and software configuration to the company.
In this new role, Lee will oversee and guide strategy for the development of new computational products.
Additional areas of responsibility include identifying and mitigating risk within enterprise infrastructure and managing a 200-employee department dispersed across five global offices. He will report to Robert Garrison, managing director and chief information officer.
“I couldn’t be more excited to have someone of James’s calibre and
Kinetix Trading Solutions, a technology solutions provider to capital markets firms, has hired Tim Mund as its global head of sales and marketing.
The Princeton, New Jersey based firm is expanding with focused efforts on revenue growth and branding in order to keep up with customer demand, especially in the area of Dodd-Frank Act compliance for investment banks and hedge funds.
Mund joins the firm with nearly 20 years of technology sales and marketing experience, the last decade of which has been focused on the financial industry. His prior work at Recognia, 29West (now part of Informatica), Solace Systems and
Etops, a provider of middle office outsourcing and consultancy solutions, is expanding its business activities to Geneva.
Arnold de Christen will be taking over the management of the newly established branch and customer care for clients in French-speaking Europe.
At the same time Etops is strengthening its sales team with Roberto Masciadri as head client solutions. In addition, the company has created an advisory board.
Two and a half years after its foundation Etops now has 23 employees at its locations in Pfäffikon SZ and Bratislava/Slovakia.
“The expansion in personnel, the two additions at management level, our geographical expansion and
