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ALTERNATIVES

Man Group appoints president of Americas business

Michelle McCloskey
Michelle McCloskey

Michelle McCloskey was named president of the Americas at Man Group.

The position is new, giving Ms. McCloskey responsibility for working with Man Group's Americas sales team to develop deeper relationship with investors. She reports to Eric Burl, head of Americas.

Ms. McCloskey will retain her position as president of Man FRM, the company's hedge funds-of-funds management unit, said a spokeswoman for Man Group, in an email.

“Man Group and Man FRM have grown significantly across the Americas in recent years, both organically and through strategic acquisitions, and I am delighted to announce that Michelle has been appointed president of Man Americas. She has played a leading role as the firm has expanded, in the Americas,” Mr. Burl said in a news release.

Man Group managed $80.9 billion as of Dec. 31 in hedge fund and long-only investment strategies.