People
Law firm Fried, Frank, Harris, Shriver & Jacobson has elected Lisa Schneider to the firm’s partnership, effective 1 September 2010.
Schneider’s practice is focused primarily on the structuring and representation of hedge funds and other alternative investment products.
She joined the firm’s New York office in 2002.
“Lisa is an exceptional lawyer who has made significant contributions to the asset management practice throughout her time at Fried Frank,” says Lawrence N. Barshay, partner and head of Fried Frank’s asset management group. “Lisa’s dedication to our clients and her depth of knowledge is an asset to the firm and our growing
ABC Quant, part of Quant Risk Group Hedge Fund Analytics companies, has hired Peter J. de Marigny, manager of Equity Hedge DITMo Strategies, to represent Quant Suite.
Marigny says: "As a certified financial risk manager and PM of DITMo Strategies, I recognise that higher moment analytics are required for fund of hedge funds and institutional investors to adequately evaluate hedge funds for any predictive added value.
“I found Quant Suite to be the most economic and robust choice that offers higher moments analytics unlike many popular analytics apps that are only useful for marketing materials, so I asked to rep
BTIG, a broker dealer specialising in institutional trading and related brokerage services, has appointed Michael Nethercott as a director in equity sales trading.
Nethercott joins BTIG from Lighthouse Financial Group where he was part of the firm’s agency focused execution desk.
Prior to Lighthouse Financial Group, Nethercott was with Bear Stearns for eight years. While at Bear Stearns, Nethercott was part of a group that started an internal agency only desk for the firm’s clients.
He started his career at Olstein & Associates, where he spent two years as a trader.
"We are happy Michael chose BTIG’s platform to continue
Technology company Convergex Group has expanded NorthPoint Trading Partners, its recently acquired prime services business, with four new hires.
Michael McLoughlin and Jay Mercier have signed on with NorthPoint’s electronic execution group and Raoul Scott and Erik Fuchs have joined NorthPoint’s client serving team.
All are based in Atlanta, Georgia.
“Since joining forces with Convergex, we have been signing on new clients at a record rate while continuing to provide the same level of customer service that we are known for throughout the industry. We have been very pleased with this pace and attribute it to the significantly expanded
New York Portfolio Clearing has appointed Joseph Benning as chief risk officer and Laura Klimpel as chief compliance officer and counsel.
NYPC, a joint venture of The Depository Trust & Clearing Corporation and NYSE Euronext, is a US futures clearing organisation.
NYPC is currently undergoing regulatory review, with an anticipated launch later this year.
“The addition of Joseph and Laura to NYPC further strengthens our senior management team, and complements the important operational appointments we’ve made in recent months,” says Walter Lukken, chief executive officer of NYPC. “Given the continued emphasis among public policymakers, regulators and market participants on systemic
Fortress Investment Group has appointed Stuart Bohart as president of liquid markets and senior managing director – strategy.
Bohart will become a member of Fortress’s operating and management committees, and will have responsibility for all non-investment activities of the firm’s liquid markets business.
"Stu brings a unique depth of experience to our organisation, having built and managed one of the industry’s largest alternatives platforms, and his addition to our leadership team will allow us to achieve two important objectives," says Fortress chief executive officer Daniel Mudd. "First, as president of liquid markets, Stu will immediately take on management responsibility for
BTIG, a broker dealer specialising in institutional trading and related brokerage services, has expanded its prime brokerage platform with the addition of key hires in sales and relationship management.
Mike McCuin and Adrianne Schulte have joined BTIG to broaden its prime brokerage offering.
They join BTIG’s Boston office that already includes 12 professionals focused on equity and fixed income trading.
“We view Boston as an important strategic market. Having a local presence is vital to our success and demonstrates BTIG’s commitment to the Boston investment community,” says Justin Press, co-head of prime brokerage at BTIG.
McCuin joins BTIG’s Boston office
Okapi Partners, the proxy solicitation firm, has hired Geoff Sorbello as a managing director.
Sorbello joins Okapi Partners from ISS, a division of RiskMetrics Group which is now a subsidiary of MSCI.
While at ISS, Sorbello was responsible for providing governance services and advice, including M&A research, to the firm’s hedge fund clients. Sorbello worked closely with the firm’s proxy advisory services group, actively participating in dialogue regarding contentious mergers and acquisitions and proxy fights. Additionally, Sorbello managed relationships with many of the firm’s institutional investor clients.
Bruce H. Goldfarb (pictured), president and chief executive of Okapi Partners, says: "Geoff
Investment management firm M.D. Sass has appointed Jason Rapp as vice president and senior analyst on its equity team, which manages the firm’s flagship relative value equity strategy and Maximus long/short equity hedge fund.
Rapp’s background is as a senior analyst for value-oriented long equities and long/short equity funds.
He also has experience in mergers and acquisitions, financial restructurings and private equity.
"At M.D. Sass, our equity team is tasked with identifying mispriced equities where market perceptions lag reality and attractive opportunities that others fail to discern. We strive for investments with hidden strengths and take advantage of market inefficiencies,"
Pardus Capital Management, a New York-based alternative investment manager, has appointed Ali Mostafavee as head of portfolio risk and a member of the firm’s investment committee.
Mostafavee will oversee the firm’s risk exposure and hedging activities across its global event driven investment portfolios as well as support research due diligence efforts.
Prior to joining Pardus, Mostafavee was director of prime brokerage risk at UBS and director of risk analysis at Tribeca Global Capital Management.
“We are pleased to welcome Ali to Pardus as we fill this important role and continue to add senior talent to the firm,” says president and
