People
Brown Brothers Harriman has assigned Robert Lees and Richard Meek to its Hong Kong office, assuming the respective roles of head of securities lending trading and head of securities lending relationship management for the Asia Pacific region.
Lees reports to Jeff O’Neill, global head of securities lending trading, and Meek to Elizabeth Seidel, global head of securities lending relationship management, business development strategy and marketing.
Both work closely with Andrew Tucker, partner, who is responsible for the Asia Pacific region and BBH’s markets business, which includes global securities lending.
Chris Donovan, global head of BBH securities lending, says: “We
Citigroup has appointed Sanjiv Sawhney as global head of fund services for Citi’s securities and fund services business.
In this new position, Sawhney will provide leadership for Citi’s hedge fund, private equity and mutual fund administration businesses globally within Citi’s suite of investor services solutions.
Sawhney will report to Neeraj Sahai, global head of Citi’s securities and fund services, and joins from JP Morgan.
Sahai says: "We are very pleased that Sanjiv is rejoining Citi in this key leadership role. His extensive industry expertise and global experience will be instrumental as our fund clients cross borders and jurisdictions to explore
RBC Capital Markets, the corporate and investment banking arm of Royal Bank of Canada, has hired Raymond Schumertl as a director for global macro FX sales.
Schumertl will be based in RBC’s Hong Kong office and will report to Natasha Brook-Walters, global head of macro FX, RBC Capital Markets.
Schumertl joins RBC Capital Markets with over 18 years’ experience, most recently at Morgan Stanley where he was an executive director in FX institutional sales based in Tokyo.
Prior to this he held senior positions at Chase Manhattan Bank and Bank of America.
Brook-Walters says: “As we continue to
Andy Lando has returned to Merlin Securities, a mid-tier prime brokerage services provider, as a senior partner.
Lando, who was one of the firm’s founders in 2004, will head Merlin’s newly formed securities lending group.
“We are delighted to welcome Andy back to Merlin to launch an important new offering for our clients,” says Stephan Vermut, founder and managing partner of Merlin Securities. “In this role, Andy and his team will centralise all securities lending activities with Merlin’s clearing brokers and give guidance to clients on both supply and rates. This consultative effort will help clients optimise their portfolios
Cardano has appointed Stephanie Bruneau and Anna Genda to its London-based team.
Bruneau joins Cardano’s investment management team and Genda joins the client team.
Bruneau has over ten years’ investment industry experience. Before joining Cardano she worked for five years at GAM, where she analysed and recommended credit and multi-strategy funds. She also worked at P. Schoenfeld Asset Management for five years, investing in merger arbitrage and broader event-driven opportunities.
Genda joins Cardano from Mercer, where she worked as an analyst in its investment consulting business. Whilst at Mercer she worked on a wide range of investment issues including strategic
Heritage Capital, the merchant banking division of family-owned Banque Heritage, has appointed Niels Nooy as managing director and head of emerging markets trading for Europe, Middle East, Africa and Latin America, plus three directors in London.
Nooy, who joined in January, reports directly to Henry Nevstad, head of markets and execution at Heritage Capital.
Nooy joined Heritage Capital at the same time as new directors Veronika Orekhovskaia, Michael Rimmell and Severine Carayon.
The appointments are the latest Heritage Capital has made to its trading and sales team in London and form part of its global expansion plan.
Joe Dryer (pictured),
HedgeMark International, a provider of hedge fund managed account solutions, has appointed Anthony V. Lombardi as head of managed account operations, prime brokerage and trading relationships.
Lombardi brings more than a decade of experience in managed accounts operations and risk management to the firm.
Immediately prior to joining HedgeMark, he was chief operating officer at Switzerland-based Rose & Sky Investments.
Before that, he spent five years with Man Investments as prime brokerage relationship manager – managed accounts platform. In his capacity with Man, Lombardi was responsible for a broad range of functions including due diligence, risk management across prime brokerage,
Peak Ridge Capital, an alternative asset management company, has appointed Gary King, former chief executive of the Dubai Mercantile Exchange, as senior strategic adviser.
He will assist in the firm’s continuing expansion of its alternative investments platform and its introduction to the Mena region.
Peak Ridge Capital’s asset management platform includes the Peak Ridge AgTech Fund, a private equity fund focusing on financing innovation in agriculture, clean technologies and biofuels; and the Peak Ridge Energy Fund, a hedge fund seeking investment growth opportunities through the trading of a diversified energy portfolio.
Netage Solutions, a provider of CRM software and online reporting systems for the alternative assets industry, has opened a New York office led by Dimitri Kiriazov who has been appointed head of hedge fund sales.
Kiriazov has worked in the financial software industry for nearly a decade.
Previously, he held various sales and business development roles with a New York-based provider of software and analytical products for private equity firms and investment banks.
He has a strong background in deal sourcing, transaction management, and contract negotiation.
“Dimitri is a seasoned sales professional with a proven track record in the financial
Steel Partners Japan Strategic Fund (Offshore) has written a letter to fellow shareholders of Sapporo Holdings seeking their support for the election of its director nominees at the company’s general meeting of shareholders in March 2010.
“Our goal is to help Sapporo reverse its long-term decline in business and corporate value,” says Warren Lichtenstein of Steel Partners.
“Electing the shareholder nominees, who are among the most respected and experienced businessmen in Japan, together with the independent directors currently on the board, will maintain continuity while also bringing about the leadership change necessary to revitalise Sapporo.”
In the letter, Steel Partners
