People
Greg Coffey (pictured), one of the star traders of the UK hedge fund industry, is quitting Louis Bacon’s Moore Capital Management to return to his native Australia.
According to reports, the 41-year-old, who is reckoned to have accumulated an estimated GBP260 million during his career, is taking early retirement to spend more time with his wife and three young children.
Coffey, known as the Wizard of Oz in trading circles, informed investors of his decision by letter. He intends to liquidate the GC Moore Emerging Macro Fund by the end of the year.
Coffey is no stranger to making bold
Alternative investment manager Aquila Capital has appointed Stuart MacDonald as managing director to assist in developing Aquila’s growing institutional business.
MacDonald joins Aquila Capital from Gems Advisors, having previously worked in a senior capacity at firms such as Henderson Global Investors, West Merchant Bank and Buchanan Partners.
In addition to many years of developing UK and international institutional clients, MacDonald hosts the investment radio show, “The Naked Short Club”, on London’s Resonance 104.4FM.
Roland Schulz, managing director at Aquila Capital, says: “I am delighted to welcome Stuart to the team. Stuart is a highly respected leader with extensive industry knowledge
Maples Fund Services has expanded its US operations with the hire of Megan Corcoran as director of business development, Americas.
Based in New York, Corcoran will focus on expanding opportunities for continued growth of the fund services business in North America and South America.
Corcoran will work closely with Scott Somerville, chief executive of MaplesFS, and Toni Pinkerton, global head of fund services, to sell fund administration, middle-office and risk services to the alternative investment market. With an increase in assets under administration of more than 30 percent over the past year, the addition to the business development team is
Reech AiM Group, the international asset management group specialising in absolute return strategies, has appointed Daniel Betts as client services director.
Based in London, Betts will oversee all client service functions including relationship management, sales support, marketing and market research. He will report directly to Christophe Reech, chief executive of Reech AiM Group.
Betts joins Reech from Aviva Investors, where he was most recently client relationship manager, responsible for providing client services to both wholesale and institutional clients, and sales support to the sales directors. Previously Betts was part of the investment sales support team at Aviva Investors.
Betts’ appointment
Independent hedge fund managed account platform and risk analytics provider HedgeMark, an affiliate of BNY Mellon, has repositioned two of its managing directors to oversee business development efforts in specific regions of the world.
Jean-Francois Crousillat, a managing director at HedgeMark since January 2011, has been named head of business development for the Americas, while James F McKenna III, a managing director since September 2011, has been appointed head of business development for Europe, the Middle East and Asia (EMEA), as well as Asia ex-Japan. Both are new positions.
Crousillat and McKenna will report jointly to Steven Lonsdorf, head of
Commonfund, an investment manager for institutional investors, has appointed Eric W Kolts as managing director in its commodities group.
Kolts will be based in Wilton, Connecticut and report to Tyler Stevens, managing director, commodities group.
“Eric is an important and timely addition to our commodities group as we broaden our tailored commodities investment solutions,” says Commonfund president and chief executive officer Verne O. Sedlacek. “Our commodities group has been together since 2005. Eric will be an instant fit. He will immediately add value to existing and new client relationships.”
In this newly created position, Kolts will participate in the development
Ian Gobin and Deborah Poole have been appointed partners of Appleby within the funds and investment services team.
Both Gobbin (pictured) and Poole join Appleby from Walkers.
Gobin joined Appleby on 1 October 2012 and Poole, who was instrumental in starting Appleby’s London office back in 2012, will start in May 2013.
These appointments are at the core of Appleby’s focussed and strategic drive to enhance its global profile within the offshore funds world and in particular its Cayman funds offering.
Gobon was called to the Bar of England and Wales in 1997 and was employed by Clifford Chance from
Anchin, Block & Anchin has added three new partners – Jared Feldman, Michael Mazzola and Anthony Bracco – as of 1 October 2012.
Anchin, Block & Anchin has added three new partners – Jared Feldman, Michael Mazzola and Anthony Bracco – as of 1 October 2012.
With these additions, Anchin has a roster of 53 partners and principals who provide advisory services to clients representing all of the major industries represented in the Tri-state area.
Feldman (pictured) is an accounting and audit partner and a member of the firm’s family office/high net worth services group. He has more than 15 years
The Isle of Man’s Department of Economic Development has appointed John Spellman as director of financial services with immediate effect.
Colin Kniveton, chief executive officer of the Isle of Man’s Department of Economic Development, says: “John has worked with the department for a number of years in a special advisor role and going forward he will work with an increased focus on the finance sector to drive its development. He has wide experience across many financial services sub sectors and disciplines and latterly has worked with the Isle of Man Government on generating strategic opportunity for the industry.”
Spellman
Maples and Calder recently welcomed six new funds partners to its Cayman Islands office.
Heidi de Vries, Julian Ashworth, Sheryl Dean, David Marshall, Philip Millward and Gwyneth Rees join associates Greg Barwick, Philip Dickinson, Patrick Head and Lucy Nicklas, who commenced employment in August.
Tim Clipstone, a partner in the British Virgin Islands office, started in June.
"We are excited to welcome this latest round of hires to our team," says Jon Fowler (pictured), the firm’s global head of the funds group. "Their joining our firm underlines Maples and Calder’s position as the premier law firm in the Cayman Islands.
