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December 27, 1999 12:00 AM

Unger named finance director at Maryland Teachers fund

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    Roland L. Unger was named director of finance at the $1.5 billion Maryland Teachers & State Employees Supplemental Retirement Plan, Baltimore. He replaces Moses Daniels, who is retiring. Mr. Unger, an accountant, previously had his own consulting practice.

    The Virginia Retirement System, Richmond, with $37.3 billion in assets, named Stuart A. Sachs vice chairman of the system's investment advisory committee. He replaces J. Garnett Nelson, who died Dec. 8.

    Perry J. Vieth was hired as head of fixed income and Brian R. Bruce as head of global investments for PanAgora Asset Management, Boston, thus completing the firm's restaffing of its top management slots.

    Mr. Vieth replaces Roland Lochoff, who left the firm in May. Mr. Vieth had been senior portfolio manager at Fleet Investment Advisors, Boston, where he managed institutional short-term fixed-income accounts, the Galaxy Short-term Bond mutual fund and a team that managed $4 billion in assets.

    Mr. Bruce replaces Peter Rathjens, who left PanAgora earlier this year to form ArrowStreet Investment Advisors. Mr. Bruce had been a finance professor at Southern Methodist University and a principal and U.S. equity portfolio manager in the Dallas office of Dana Investment Advisors.

    Patrick Bresnehan, a portfolio manager from within the short-term bond management team, assumed Mr. Vieth's position at Fleet.

    A spokeswoman for Dana declined to comment on Mr. Bruce's replacement.

    Candace Cox has joined Lord, Abbett & Co., New York, in the newly created position of director of institutional investments. She will concentrate on shaping the company's investment strategies for institutional clients.

    Ms. Cox most recently was a principal in a small consulting firm, Emerald Capital Advisors LLC, where she focused on investment product design and development. Officials from Emerald Capital did not return calls by press time regarding her replacement.

    Prior to her tenure at Emerald, Ms. Cox was president and chief investment officer at Bell Atlantic Asset Management Co. and principal investment officer in the New York City Comptroller's Office, where she directed investment of nine city pension funds.

    William D. Cvengros, chief executive officer of PIMCO Advisors Holdings, Newport Beach, Calif., will leave the company when its purchase by Allianz AG, Munich, Germany, is complete.

    Mr. Cvengros will become chief executive officer of PacketVideo Corp., San Diego, a privately held software developer, at the end of March.

    Stephen J. Kneeley, Mark D. Turner and Thomas R. Trala Jr. all were promoted to senior management positions at Turner Investment Partners, Berwyn, Pa. Mr. Kneeley, chief operating officer, will become president of the firm; Mr. Turner, president and senior portfolio manager/security analyst, was named vice chairman; and Mr. Trala, chief financial officer, was appointed treasurer of the board of directors. Mr. Kneeley replaces Mr. Turner as president, while the other two positions are new. Turner has $3 billion in assets under management.

    Mike Faulkner was appointed client solutions manager for Gensec International, London. He will be responsible for providing advice on investment issues for new and existing clients. Mr. Faulkner had been a consultant at Towers Perrin.

    John Hailer was named president of Boston-based New England Funds by Nvest. He replaces Bruce Specca, who will head a new Nvest affiliated Internet company as its president and chief executive officer.

    Mr. Hailer joined New England Funds in 1998 and most recently had been managing director and executive vice president, overseeing mutual fund marketing and sales.

    Simon Ewan was appointed by SEI Investment as head of U.K. institutional sales to help develop the group's institutional business strategy in Britain and Europe. He will work with Patrick Disney, managing director responsible for U.K. and European business strategy. Previously, Mr. Ewan was a director of U.K. sales at Frank Russell in London, where he will not be replaced because of a recent change in the company's approach to fund sales.

    Edward Goldfarb was hired as director and Shana Sobral Schoener as associate in the client services and marketing department of Numeric Investors, Cambridge, Mass., both new positions.

    Previously, Mr. Goldfarb and Ms. Schoener were employed by Kobren Insight Management, Wellesley, Mass. Mr. Goldfarb served as director of structured products and chief strategist. Ms. Schoener was a senior mutual fund research analyst.

    Melissa J. Hooker was named vice president of J.P. Morgan/ American Century Retirement Plan Services, Kansas City, Mo. She will manage the sales and marketing operations for the company's full-service record keeping for defined contribution and defined benefit plans.

    She had been an assistant director of the participant education and request for proposal team and a member of transfer agency specialty teams at American Century Investments.

    Greg E. Deuser and Michelle L. Ehm joined Eager Manager Advisory Services, Louisville, Ky., as consultants. Mr. Deuser had been an equity analyst at SMC Capital, Louisville, and Ms. Ehm had been with 401(k) Forum, San Francisco.

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