People
Antony Burgess has assumed the role of Head of Sales, Marketing and Client Services at Veritas Asset Management.
Burgess has been with the firm since the beginning of 2009 when he joined as Institutional Sales Director.
Richard Grant (pictured), Chief Operating Officer at Veritas, says: “Antony is a highly experienced sales director and we are confident that under his guidance that our seven strong client-focused team will continue to provide a high quality sales and support service.”
Veritas has also announced that Richard Meyrick has decided to leave the firm. During his 4.5 years with Veritas, Richard, as Director,
Jonathan Sorrell, currently Man’s Head of Strategy and Corporate Finance, is to replace Ken Hayes as Finance Director with immediate effect. Hayes, who joined Man in 2007, is leaving the company to pursue other professional and personal interests.
Jon Aisbitt (pictured), Chairman of Man, says: “I would like to thank Kevin on behalf of the Board for his contribution as Finance Director over the past five years and wish him every success for the future. Jonathan’s appointment follows a rigorous process to identify the best possible candidate. Since he joined the company, he has demonstrated the strong all round financial and
Darren Upton has joined alternative investment manager International Standard Asset Management (ISAM) as Head of Research.
Upton will report into Alex Greyserman, CIO of ISAM Systematic. He will be leading the development of new systems and markets, and responsible for the maintenance and ongoing improvements to ISAM’s existing systems as well as developing algorithms for execution to preserve low levels of trading costs. Most recently Darren worked for Man Group as Head of Research Methodology, where he led an extensive group of researchers in developing trading models, portfolio construction and execution methods which form the AHL trading system. Darren started
Advent Capital Management has appointed Osbert Hood, former chairman and chief executive officer of MacKay Shields, as chief operating officer (COO).
Ed Johnson, Advent’s current COO, will be leaving Advent after transitioning his duties to Hood.
“Throughout his time at Advent, Ed was an important resource to us as we developed and leveraged our institutional quality infrastructure and operational processes to grow the business into one of the largest global firms focused on convertible securities with an emphasis on credit and high yield debt,” says Tracy Maitland, President and Chief Investment Officer of Advent. “We wish Ed and his
WilmerHale has appointed Drew G L Chapman as a partner in the Securities Department and Investment Management Group and head of the Alternative Investment practice.
Chapman, who will be based in the firm’s New York office, expands the firm’s footprint with financial services clients through his in-depth experience in private fund formation and transactional work.
Chapman joins WilmerHale from Cadwalader, Wickersham & Taft LLP, where he served as the head of the Alternative Investment Group. His practice focuses on the alternative investment, asset management, and financial services industries, in which he has extensive transactional, structuring and fund formation experience. He
International law firm Walkers has promoted 11 attorneys across its global network to partner, as part of its annual promotions process.
This significant expansion in the number of partners is to meet the growing needs of the firm’s clients. Walkers’ new partners are in the following offices and practice groups and their considerable expertise and experience will support the continued growth and success of the firm.
British Virgin Islands: Marianne Rajic (Investment Funds)
Cayman Islands: Ben Benson (Investment Funds, Caroline Heal (Investment Funds), Tim Ludford-Thomas (Investment Funds), Lindsay Luttermann (Dispute Resolution), Ramesh Maharaj (Finance & Corporate / Investment Funds),
Ellis Lake, an event-driven credit manager, has hired Megan Sterrett as Director of Marketing and Investor Relations.
Prior to joining Ellis Lake, Sterrett was a Hedge Fund/Private Equity Portfolio Manager for Doshi Capital Partners, a single family investment office based in New York. The family office seeded Heritage Capital India, an Investment Management firm focused on the public markets in India, where she was Head of Marketing and Investor Relations.
Ellis Lake was founded in 2010 by Industry veteran, Gabe Nechamkin, who managed money for George Soros and was a founding partner of Satellite Asset Management, a $7 billion
HedgeOp Compliance, a provider of specialised compliance consulting services and software for investment advisers in the US, is strengthening its New York office with the appointment of Derek McGibney who is relocating from IMS’ UK office.
McGibney is a leading consultant in UK and European regulatory architecture and the management of compliance risk and joins as a senior project director. He worked in IMS’ London office for more than eight years and has been involved in consulting on all aspects of governance, compliance and operational risk for top tier global financial services companies for more than 15 years.
McGibney’s addition
Schulte Roth & Zabel has named Nicholas Fagge and Kerrie A Walsh as partners in the firm’s London office, effective 1 June 2012.
Fagge and Walsh, who both joined the London office when it opened ten years ago, are part of a team of senior lawyers that gives SRZ one of the largest and most experienced groups of hedge fund lawyers in London.
Fagge advises investment management clients on the structuring of UK management companies, covering all relevant partnership and tax issues, and more widely on UK and international tax issues relating to the taxation of private investment funds,
Robert B Kaplan, Co-Chief of the Asset Management Unit of the US Securities and Exchange Commission’s Division of Enforcement, is to join Debevoise & Plimpton as a litigation partner resident in the firm’s Washington, DC office.
In his role at the Asset Management Unit, Kaplan co-led a team of 75 lawyers and industry experts focused on investigations related to potential violations of securities laws by advisers to hedge funds, private equity funds, mutual funds and separately managed accounts. He partnered with senior leadership in other divisions of the SEC to establish law enforcement priorities in the asset management industry and