People
Law firm Ashurst has hired Nick Terras to join its derivatives products group.
Terras specialises in hedge funds, Ucits funds, exchange-traded funds and related derivatives.
His clients include European and US financial institutions as well as hedge funds and mutual funds.
Terras joins Ashurst from Schulte Roth & Zabel International where he was a partner in the investment management group.
Prior to joining Schulte Roth, Terras was a partner and co-head of structured finance and investment funds at another US firm.
Erica Handling, Ashurst’s head of structured finance, says: "Nick is widely regarded as a leading adviser in respect of
EFX Prime Services, a division of First New York Securities, has hired two prime brokerage executives to help lead EFX Prime’s sales efforts.
Both will be based at EFX Prime’s New York Headquarters at 90 Park Avenue.
Jonathan Shapiro joins EFX Prime from Goldman Sachs where he was a senior relationship manager. With a strong operational background based on ten years of prime services experience, Shapiro will assist EFX Prime clients address operational and infrastructure challenges.
Gary Mednick, a 29 year brokerage veteran, joins EFX Prime from Grace Financial where he built out a client base of hedge fund managers
International Asset Management, a fund of hedge fund investment manager, has appointed Nan Mead as vice president of client development.
Based in IAM’s New York office, Mead will report to head of client development and marketing Andrew Cade.
She has extensive experience in marketing, sales and investor relations having previously worked at Ivy and Credit Suisse in similar marketing focused positions.
Morten Spenner, chief executive at IAM, says: "We are delighted to appoint Nan as a vice president within our client development team. Nan’s wealth of experience in marketing, sales and investor relations will further strengthen our client development team
RBC Wealth Management, part of Royal Bank of Canada, has hired Tracy Maeter as head of investments, British Isles.
Maeter will be based in London and will be responsible for oversight of RBC Wealth Management’s discretionary and advisory investments platforms in the British Isles.
Maeter joins RBC from HSBC in London, where she was head of investors. During her five-year tenure there, she also held the positions of team head, sales management and team head, high net worth.
Maeter has also held positions at JP Morgan and a number of consulting firms.
Paul Patterson, head of RBC Wealth Management, British
Alternative asset manager Man has boosted its UK institutional sales team with the appointment of Tim Fitch as a senior relationship manager.
Fitch reports to Paul Dackombe, head of institutional clients UK, and is responsible for developing relationships with UK institutions including family offices, fund of hedge funds, insurance companies and pension and endowment funds, with the aim of increasing flows into Man’s single manager, multi-manager and affiliated product offerings.
“This appointment is excellent news for the team at Man,” says Dackombe. “Tim’s experience in the alternatives industry and existing relationships in the UK market mean that we are
Perfecta Partners, a strategy consulting firm for the investment management community, has appointed Sandra Curtis as managing director.
Curtis has broad experience in leading investment teams at a wide range of top tier asset management companies.
An award-winning professional with a track record in developing and managing investment strategies, she will share her knowledge and bring strategic support to international clients.
“I’m delighted to be joining Perfecta at such an exciting time when the opportunity set is so broad. I aim to expand Perfecta’s bandwidth and develop our business in Europe, the US and Asia,” says Curtis.
Previously she held
JonesTrading Institutional Services, an agency brokerage which provides institutions with block trading in securities, has appointed Andrew Tuthill as managing director and head of its capital markets group and a member of the executive committee.
JonesTrading Capital Markets provides liquidity to the corporate and private equity communities and is in part a response to the increased demand by institutions for an unconflicted agency model in secondary offerings.
Tuthill brings 17 years of experience in investment banking, trading and equity capital markets to the position.
Most recently he was managing director – head of special situations for the equity capital markets
Nottingham Investment Administration, a provider of accounting and portfolio record keeping services for hedge funds, mutual funds, governments, foundations and other investment pools, has named Lori Kahramanidis director of hedge fund services.
Kahramanidis will be responsible for streamlining operations for the company’s growing hedge fund business.
Nottingham has added close to USD1bn in hedge fund client assets to its administrative platform so far in 2010.
“We continue to see tremendous growth in demand for our hedge fund services as new funds are launched and assets flow back into the industry,” says Kip Meadows, chief executive officer at Nottingham. “Lori brings
BlueCrest Capital Management has appointed Daniel Kajiya as a portfolio manager for its emerging markets fund.
Kajiya will be based in London.
He joins from Morgan Stanley in Brazil where he was responsible primarily for USDBRL market making and proprietary trading.
The appointment follows the hiring last month of Marcin Wiszniewski to the same fund. Wiszniewski also joined from Morgan Stanley where he was head of European foreign exchange and emerging markets trading.
The fund was launched in September 2005 and there is now a team of seven working across BlueCrest’s offices in London, Geneva and New York,
Liontrust Asset Management has appointed Nick Wells as a consultant to advise on business development.
In this newly created role, Wells will contribute to the development of a number of parts of the business. These will include product development and planning for the implementation of the Retail Distribution Review in 2012.
Wells was previously product and communications director of Artemis until he retired from the company in March 2010. Prior to that, Wells worked for ABN Amro Asset Management and Baring Asset Management.
“Nick is a great addition to the team at Liontrust. He has a vast array
