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Insparo Asset Management has appointed emerging markets veteran Graham Stock as chief strategist.
Stock will join the core management team, led by chief investment officer Mohammed Hanif, which will be responsible for plotting the firm’s investment direction as it enters its third year.
Primarily, Stock will be responsible for generating trading ideas and thematic strategies to capture the opportunities presented by Africa and the Middle East.
Stock spent the last 12 years at JP Morgan in a range of senior roles with responsibility for areas such as Ceemea FX strategy in London and Latin American sovereign strategy in New
Asset manager GLG Partners has appointed Mark Diab as portfolio manager.
Diab will take responsibility for Mena equities within the GLG emerging markets team and will report into Bart Turtelboom and Karim Abdel-Motaal, GLG’s co-heads of emerging markets.
“We are delighted that Mark is joining GLG – his knowledge of the Mena region, as well as his broad investment and financial services experience will be an added strength to the GLG emerging markets team. He has a fantastic investment track record and we look forward to the significant contribution that Mark will bring to the firm going forward,” says
Gad Capital, an investment fund and beneficial owner of 6.5 per cent of the common stock of Paragon Technologies, has launched a proxy contest to elect a new board of directors at Paragon’s 15 December 2010 annual meeting.
Gad Capital has nominated the following candidates:
• Sham Gad (pictured): the founder and managing partner of Gad Capital Management and the author of the internationally published book, "The Business of Value Investing."
• Jack H. Jacobs: a principal of The Fitzroy Group, a real estate development firm, and former managing director of Bankers Trust and founder of AutoFinance Group. He is on the
KPMG has appointed James Dimech DeBono as an associate partner in its financial risk management practice.
DeBono will be responsible for setting up a team to focus on supporting investment managers, funds and other financial institutions in the preparation of valuations of their portfolios.
The team will comprise quantitative finance and valuation professionals with advanced degrees in quantitative disciplines and significant practical experience in the analysis and valuation of portfolios of “hard-to-value” and illiquid securities.
DeBono trained as an accountant and has 19 years’ advisory experience.
He joins KPMG from Duff & Phelps, where he was managing director for four
Frontier Capital Management, an investment management company that combines both traditional and alternative asset classes, has promoted Andrew Cracknell to head of intermediary business.
This includes IFA and discretionary wealth managers focused largely on the UK.
Cracknell joined Frontier Capital at the start of 2007, becoming partner in 2008.
Alex Gaitan has been appointed as portfolio manager of Frontier Capital’s hedge fund, Global Hedge. The fund is designed to provide investors with the returns of the global hedge fund industry, but with high levels of liquidity and low levels of risk to underlying managers. The fund manages investments of
Emmanuel Roman will assume the newly created role of chief operating officer of Man following the company’s acquisition of GLG Partners.
The announcement follows the news that Man shareholders have approved the acquisition of GLG Partners.
Pierre Lagrange will continue in his role of senior managing director of GLG, overseeing investment management and running GLG’s flagship European long short equity strategy among others.
Noam Gottesman will remain co-chief executive of GLG with Roman and will run GLG’s global opportunity strategy.
All three will report to Peter Clarke, chief executive of Man.
Clarke says: “The combination of Man and GLG will
The International Capital Market Association has appointed Simon White, head of senior issuance at Lloyds Banking Group in London, as chair of its UK, Ireland and Americas region.
White will work with ICMA to coordinate its activities in the City of London and more broadly in the region.
His initial priorities include building on relationships between members and ensuring optimal contacts and information flow between members and ICMA.
Martin Scheck, ICMA chief executive, says: "Simon is admirably qualified to take on the chairman’s role at this critical juncture, where actions under consideration by governments and regulators will define the
Atrato Advisors, the hedge fund consulting firm, has appointed two research professionals.
Michael Boensch, formerly of Gleacher Fund Advisors, joined Atrato as a vice president earlier this year. Boensch, who also worked at multi-family office CSM Capital Management, brings over five years of research experience to the firm.
More recently, Atrato brought Danny Santos on board, adding operational depth to its research bench. Santos, who had interned at Atrato while attending business school, previously worked at Private Client Resources, a financial reporting and analytics firm.
Atrato has landed several new mandates in recent months, predominately in the family office and
Armajaro Asset Management has appointed Harry Morley as chief executive officer, having previously been group finance director of Armajaro Holdings since 2008.
He takes on the role from Richard Gower, co-founder of Armajaro, who becomes chairman of Armajaro Asset Management.
Prior to joining Armajaro, Morley spent the previous ten years working for a range of private equity backed businesses and co-founded Tragus Holdings, the owner of the Café Rouge and Bella Italia restaurant chains, which was sold to Legal & General Ventures in 2005.
Armajaro Asset Management manages four commodity hedge funds and an emerging markets hedge fund with
Lakeview Investment Manager, an activist fund of hedge funds, has appointed Tony Lissuzzo as portfolio manager of the Lakeview Opportunity Funds.
In this new role, Lissuzzo is responsible for portfolio management as well as manager due diligence.
Based in Chicago, he reports to Richard Elden, managing partner of the Lakeview funds and founder of Grosvenor Capital Management.
Lakeview allocates approximately USD300m to event-driven hedge funds.
"Tony’s 19 years of experience both as an investor and asset allocator make him uniquely qualified to evaluate managers, monitor investments, and construct a well-balanced portfolio," says Elden.
Lissuzzo has been involved in multi-manager investments
