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Titan Capital Group has appointed Lucy Pesa to its institutional marketing team as vice president and James Novotny has joined to manage the accounting and control functions.
“The addition of these two respected professionals to our team enhances Titan’s institutional and operational capabilities as the firm expands,” says Keith Danko, partner at Titan Capital.
Pesa joins Titan from CQS, an alternative investment management firm, where she was a senior executive in the investor relations group. She has also worked previously in investor relations as a vice president at Advent Capital Management and for more than a decade as a
Joyce Frost and Frank Iacono, former executives with Morgan Stanley, along with Chris Frost, former managing director at Societe Generale, have formed Riverside Risk Advisors.
The firm will provide independent risk assessment, structuring, pricing and execution advice for complex derivative and structured product transactions.
Riverside’s clients include derivative end-users such as corporations, private equity firms, real estate developers, and project sponsors.
Riverside also advises investors evaluating structured credit opportunities and financial firms winding down or restructuring legacy businesses.
"The Dodd-Frank Act creates an effective mandate that some end-users seek independent advice for derivative transactions. We expect, however, that even where
Knight Capital Group has appointed David I. Sellers as managing director, head of sales for Hotspot FX in Europe.
Sellers joins from EBS/ICAP where he led new business development.
Based in London, he oversees sales for Hotspot in both the UK and continental Europe, covering Hotspot’s client base of banks, hedge funds, institutions, commodity trading advisers and corporates.
Sellers will report to John Miesner, head of global sales for Hotspot FX.
“Due to effective client development and the continuing currency volatility, Hotspot FX’s reported volume year-to-date is more than 80 percent higher than the same period last year,” says
The post of director of investment business at the Guernsey Financial Services Commission will be advertised locally and in the Financial Times this week.
Peter Moffatt (pictured), the current director who joined the Commission in 2000, will retire from the role early next year.
Nik van Leuven, the director general of the GFSC, says: “I have known Peter since he joined the Commission. He brought to the role of director his own inimitable style, reinforced by a keen intellect and challenging approach. The high respect with which the funds sector is held externally owes much to his thought and care.”
Aberdeen has appointed Graham Duce and Aidan Kearney as co-heads of multi-manager investments within the group’s alternative investment strategies business.
They will oversee a 40-strong team of investment professionals responsible for Aberdeen’s GBP13.5bn long-only multi-manager and fund of hedge funds portfolios.
The decision to unify the teams and investment processes under Duce and Kearney follows the departure of Michiel Timmerman, chief investment officer – multi-manager investments, who joined Aberdeen earlier this year from RBS Asset Management. This move brings together the long-only and hedge fund of fund businesses from both Credit Suisse and RBS.
Previously Duce and Kearney were co-heads
BNY Mellon Alternative Investment Services has named Marina Lewin head of global sales and Steve Farlese head of global service delivery.
Both are new positions within the business. Lewin and Farlese will continue to be based in New York City and report to Brian Ruane, BNY Mellon AIS chief executive officer.
“The alternative asset management business is undergoing enormous change, and Marina and Steve have the knowledge and skills to help us both navigate these waters and maintain our strong growth around the world,” says Ruane. “Each has long been a key contributor to our success serving clients’ varied and
BTIG, a broker dealer specialising in institutional trading and related brokerage services, has expanded its London-based team with the addition of four new sales and trading professionals.
The four are David Abraham, Andrew Rosen, Julie Beecher and Adam Bergenfield.
They join a team of more than 30 professionals led by Gary Hayes, chief executive of BTIG.
“We continue to invest in building out our team in London and are dedicated to providing our clients with access to talented and experienced sales and trading professionals,” says Hayes. “Our latest hires underscore our commitment to the European market and demonstrate the level
Throgmorton, a UK accountancy and professional services provider to the hedge fund, private equity and corporate finance industries, has appointed Adam Hewitson as internal legal counsel and corporate financier Roger Looker to the board as a non-executive director.
Looker has a long track record working in the corporate governance arena over the past three decades and will act as a senior adviser for Throgmorton in company best practise.
Hewitson (pictured) has been appointed to further strengthen the management team. He will support all business areas.
Having begun his career at County Bank, Looker co-founded Gilbert Elliot Corporate Finance in
Vermillion Asset Management, a New York City-based commodities-focused asset management firm, has appointed Cecile Mattei as director, business development and investor relations.
Mattei joins a four person business development and investor relations team supporting both alpha and beta strategies in commodities.
“We are confident that Cecile will greatly enhance our efforts as we continue to strengthen and diversify our investor base,” says Drew Gilbert, co-managing partner of Vermillion. “We have enjoyed strong growth and continue to see demand as investors seek out and increase their exposure to commodities.”
Mattei joined Vermillion in August 2010. Previously, she was at
Kleinwort Benson Bank has appointed Sally Tennant as chief executive, effective from mid-January 2011 subject to regulatory approval.
Tennant joins from Lombard Odier Darier Hentsch, the Swiss private bank, where she was chief executive of its London-based private banking operation.
Tennant replaces Robert Taylor, who joined Kleinwort Benson as chief executive in 2004.
Leonhard Fischer, chief executive of Kleinwort Benson Group and chairman of Kleinwort Benson Bank, says: “We are delighted to welcome Sally to Kleinwort Benson. In an already distinguished career, spanning over 30 years in private banking and wealth management, Sally has held significant management roles in highly