People
BNP Paribas Corporate & Investment Banking (BNP Paribas) has appointed Stephen Hale, as Head of Hedge Fund Relationship Management Europe, further strengthening the bank’s European coverage of hedge funds.
Hale joined the Investor Relationship Management team in London at the end of April and reports to Stefano Blotto, Head of Investor Relationship Management team in Europe. Stephen will be responsible for further expanding the BNPP’s hedge funds franchise across Europe leveraging his wealth of experience and strong client contacts.
Hale joins from Barclays Capital where he spent the last 11 years as Head of Rates Sales for Europe, Global
Carey Olsen senior associate David Crosland (pictured) was called to the Guernsey Bar last month having passed his Bar exams to become an advocate of the Royal Court of Guernsey.
Crosland is a member of Carey Olsen’s corporate group where he undertakes a wide range of corporate transactions, with a particular focus on private equity, and the launch, administration, restructuring and listing of both closed and open-ended investment funds. As well as private equity funds, he has advised funds listed on the LSE, AIM, Euronext and the CISX.
Prior to joining Carey Olsen in 2007, Crosland trained at Clifford Chance
AIS Fund Administration (AIS), a hedge fund administrator providing full middle and back office support to hedge fund managers today announced it has hired Anthony J Perugini in the new position of chief technology officer. Perugini brings more than twenty years of experience in financial services technology development and support, with a concentration in hedge funds, prime brokerage and hedge fund administration.
Paul Chain (pictured), President of AIS Fund Administration, says: “Tony has expertise in the latest technologies and development methodologies as well as superior knowledge of their applications to the hedge fund industry. AIS is fortunate to have him
Robert J Boulware, former CEO of ING Funds Distributor, has accepted a partnership offer with multi-strategy alternative investment manager Palo Verde Capital, effective immediately.
Boulware joins Palo Verde Capital as Chairman of the investment committee and will assist the firm in defining corporate strategy, as well as identify new fund opportunities.
“Attracting the leadership skills of an industry veteran like Bob speaks well as to where we are as a firm and where we sit in the industry,” says Tony Stacy, founder and managing partner of Palo Verde. “Tapping Bob’s experience and intellect, we are confident we can continue to
Harmonic Capital Partners, a specialist hedge fund manager which manages around USD700 million of assets employing relative value and technical trading strategies on a systematic basis to offer macro and currency funds to institutional investors, has appointed Romael Karam as partner and Samir Sheldenkar as investment partner.
Karam joined Harmonic Capital as a trader in 2003 having previously worked at MAN-Fidex as a multi-asset execution trader. He began his career 12 years ago as a Futures and Options Sales Trader at Marshall, French and Lucas. Karam was made Head of Dealing at Harmonic in 2009 and in his new role
The Alternative Investment Management Association (AIMA) has launched an initiative to engage with the Brazilian hedge fund industry and announced the appointment of a local representative, Michelle Noyes of BRZ Investimentos.


“The maturity and sophistication of the Brazilian hedge fund industry has been noted internationally, and what is clear is that there is not only an interest from the global industry – whether from managers, investors or service providers – in Brazil, but there is also an increasing desire from the Brazilian industry to engage and to think globally,” says Andrew Baker, AIMA’s CEO.


“As the global hedge fund industry
James Burron, FCSI, CAIA, has been appointed as Chief Operating Officer of AIMA Canada with effect from 1 May, 2011.

Burron will work closely with AIMA Canada’s Executive Committee and its membership on a broad range of association management and executive duties, including member liaison and communications, as well as focusing on broader policy and strategy objectives.
Gary Ostoich, Chair of AIMA Canada, says: "James Burron has a solid background of more than 15 years of international experience in the securities industry including a significant background in the alternative investment industry. Most recently, he has been involved in product origination
Deloitte has appointed Bob Contri as leader of its financial services industry group in the United States. Contri currently serves as Deloitte’s leader to the banking and securities sector.
Contri succeeds Jim Reichbach, who held the role for the last three years. Reichbach will now serve as senior leader to several of Deloitte’s most important financial services clients and as leader of Deloitte’s global banking and securities practice.
“We are in a unique time, as the strategies that financial institutions undertake today will determine who the leaders are tomorrow,” says Contri. “Whether it is regulatory reform, sweeping changes to the
The former Attorney General for the Cayman Islands, Richard Coles (pictured), is the new Chairman of Cayman Finance, the voice of Cayman’s financial services industry.
Coles was appointed last week at the organisation’s AGM in Cayman and immediately declared his commitment to further develop Cayman Finance’s relationship with the Cayman Islands Government.
“This organisation has developed an impressive history of working with Government to achieve its mission of promoting Cayman’s financial services industry," says Coles. "It is my intention to build upon this relationship further and to take the activities of Cayman Finance to a new level.”
The new
Carne Global Financial Services has appointed Roisin Cater as an independent director for the boards of client funds in the Cayman Islands.
Cater is a highly experienced Cayman Islands lawyer with an extensive track record in the funds business, including with law firm Mourant, where she was Managing Partner, and the Cayman Islands Stock Exchange (CSX), where she worked as a Senior Listing Executive. She was appointed to the board of the CSX in 2007, and is also a member of the listing committee, reviewing and approving listing requests. She originally trained with Linklaters London.
John Donohoe, Chief Executive of
