People
Chilton Investment, a manager of hedge funds and managed accounts, has named Jim Steinthal general counsel and member of Chilton’s executive committee and board of directors, effective 1 January 2010.
He will succeed Norm Champ, who is leaving the firm at year-end to join the Securities and Exchange Commission as associate regional director for examinations in its New York regional office.
Steinthal currently serves as managing director and general counsel of Chilton’s various hedge funds. Prior to joining the firm in 2000, he was associated with the law firm of Davis Polk & Wardwell for eight years.
Champ has served
WW Advisors, a UK-based real estate boutique providing investment and financing advisory services throughout Europe, has appointed Jonathan Edmunds as director to originate, analyse and execute deals.
Edmunds brings nine years of experience in real estate and a wealth of experience in the fields of consultancy, debt markets, corporate finance and direct investments.
Prior to WW Advisors, Edmunds worked in the corporate finance division of Lazard, advising listed real estate companies, private equity funds and hedge funds on mergers, acquisitions and asset disposals. He was previously at Deutsche Bank, working in the European commercial real estate group, underwriting real
Broadmark Asset Management has appointed Ricardo L. Cortez as president of global distribution.
Working out of Broadmark’s New York office, Cortez will oversee the expansion of Broadmark’s investment products worldwide with respect to direct sales, as well as the creation of strategic distribution partnerships with financial institutions.
"Broadmark is very fortunate to land a professional of Rick’s calibre," says Chris Guptill, chief executive and chief investment officer of Broadmark. "He brings his unique expertise in alternative and absolute return investing to a marketplace starved for exceptional alternative investment management. He will be instrumental in product development and strategic placement and
Altegris, a provider of alternative investments, is expanding its executive leadership team with the appointment of Ken McGuire as chief operating officer.
The newly created position reflects the firm’s commitment to enhancing operations amid rapid growth of its platform.
Effective immediately, McGuire will oversee the growth and development of APM Funds (Altegris Premier Managers), the Altegris flagship line of alternative investment solutions.
"Our mission is to provide a diverse selection of best-of-breed alternative managers that provide low correlation to traditional asset classes, at lower investment minimums," says Jon Sundt (pictured), president and chief executive of Altegris Investments. "Ken has an
Mapleridge Fund has elected Keith L. Day as chair and an independent member of its board of directors.
Mapleridge Capital, a systematic asset management firm, is the investment adviser for Mapleridge Fund.
Day brings Mapleridge Fund’s board of directors to four members.
“We are very pleased to have Keith join the board. His experience with organisations across many categories of the financial services industry coupled with an in-depth understanding of the alternative investment industry is a perfect combination,” says James Keyes, president and director, Mapleridge Fund.
Day has more than 30 years’ experience in trading financial and commodity instruments and
BNY Mellon has appointed Brian Ruane to the new position of chief executive officer of alternative investment services.
BNY Mellon Alternative Investment Services is a hedge fund administrator with more than USD200bn in assets under administration.
Ruane (pictured) will report to Art Certosimo, senior executive vice president and head of broker-dealer/alternative investment services at BNY Mellon. He will continue to be based in New York City.
Ruane, who joined BNY Mellon in 1993, was most recently executive vice president and head of global client management North America. For the five years prior, he was head of financial institutions, overseeing the
Custom House Global Fund Services, an administrator specialising in alternative investment, hedge funds and funds of funds, has made two additions to its global marketing efforts.
David Barry has rejoined as head of sales and marketing for UK, Europe and the Middle East from the firm’s Dublin office.
John Higgins joins as head of sales and marketing for the Americas and is based in Chicago.
They both report to chairman Dermot Butler who oversees marketing and sales globally.
Barry and Higgins will be responsible for increasing the firm’s footprint in their respective regions through a variety of channels
Otkritie, a Russian brokerage which has doubled in size in the last year, has appointed two Russia and CIS market figures to its executive team.
Former Troika Dialog UK chief executive Howard Snell (pictured) has joined Otkritie as a London-based director. He will assume responsibility for the firm’s UK business strategy, and will also have corporate and investor relations responsibilities.
Additionally, Nicholas Richmond has joined Otkritie as director and head of equity trading, based in Moscow.
Snell was responsible for launching Troika’s UK and European business in 2003. At Troika, he headed the UK subsidiary which conducted European equity
Investment boutique Newscape Capital Group has continued its expansion with the appointment of another ex-Aberdeen Asset Management fixed income investment specialist.
Leonardo Da Costa joins Newscape’s core investment team in London as a portfolio manager where he will work alongside chief investment officer Derek Fulton, who he worked with previously at Aberdeen.
In this role he will conduct macroeconomic analysis as well as producing interest rate and yield curve views with specific responsibility for local currency emerging market debt investments. He will also contribute to the asset allocation process for Newscape’s discretionary fund management service.
The news follows the
Knight Libertas has established a global emerging markets sales team based in Connecticut, Hong Kong and London.
Effective immediately, the following have joined the institutional fixed income broker-dealer: Augusto Castilho, Eamon Tubridy, Alfredo Viegas and Elena Antonova in the US; Alesandro Gherzi, Alisa Mujagic, Nipun Ramaiya, Darren Reiss, Richard Segal and Will Trossell in the UK; and Jay Lee and Felix Sun in Asia.
"Knight is pleased to announce these hires as part of the build-out of our global emerging markets business, which will focus on names across Latin America, Eastern Europe/Russia, Africa and Asia," says Dan Mullineaux, managing director,
