MONEY MANAGEMENT

O’Shaughnessy names managing director for new Chicago office

David W. Baeckelandt was named managing director, institutional sales and client service, at O'Shaughnessy Asset Management, confirmed spokeswoman Megan McDonnell.

It is a new position. Mr. Baeckelandt will also lead the firm's new Chicago office, which is opening in early January.

Mr. Baeckelandt was director of sales and marketing at Segall Bryant & Hamill. A phone call to Phillip Hildebrandt, CEO, for more information was not returned by press time.