Shaun McCloskey was promoted to chief investment officer of the $1 billion pension fund of Honda of America Manufacturing Inc., Marysville, Ohio. Mr. McCloskey, who was plant accountant, replaces Tom Benzmiller, who joined Northern Trust Global Investments, Chicago, as a member of the relationship consulting team servicing large corporate pension funds. He replaces Todd Rutley, who moved into a new job at Northern Trust within the investment program solutions group.
Larry Kochard was named managing director of public equities at the Virginia Retirement System, Richmond. He replaces Erwin Will, one-time chairman and chief investment officer of the $37.6 billion system, who is once again a consultant to the fund. Mr. Kochard, who was a member of the pension fund's investment advisory committee until he accepted the job, taught economics and financial markets at the University of Virginia business school.
Michael Johnson was named acting director of finance of the City of Birmingham (Ala.) Retirement System; replacing Mac Underwood, who retired in May, said a spokeswoman. Mr. Johnson was the deputy director of finance for the $958 million system. As acting director of finance, Mr. Johnson will also serve as treasurer for the Birmingham Retirement Relief System, which has $927 million in assets. The city has not yet found a permanent replacement for Mr. Underwood.
Jeffrey P. Davis was named chief investment officer at Rockefeller & Co., which manages $4 billion in assets for the Rockefeller family, other wealthy families, foundations and endowments. It is a new position, said Fraser P. Seitel, spokesman. He was chief investment officer of the Global Fundamental Strategies division at State Street Global Advisors. Ned Riley will replace Mr. Davis and also continue as SSgA's chief investment strategist, said Pat Campbell, State Street spokeswoman.
Anne Casscells is stepping down as chief investment officer of Stanford Management Co., which runs the $8 billion endowment of Stanford University, Palo Alto, Calif. She will leave at the end of September to join Aetos Capital as managing director in charge of absolute-return funds of funds. Stanford has not named a new CIO, Ms. Casscells said. Instead, a director of investment policy research will be named.
Aetos is a new investment management firm that offers both alternative investment strategies and traditional asset management services.
Michael Siegel was named investment analyst at the $900 million endowment at Smith College, Northampton, Mass., said Jay Yoder, director of investments. It is a new position. Mr. Siegel assisted with money manager due diligence and asset allocation modeling at Absolute Return Advisors, an investment consulting firm. Adam Ihasz, managing director, said that Mr. Siegel would be replaced internally.
Ronald L. Henke was named director of the national compensation and pension service at the Department of Veterans Affairs, Washington. Mr. Henke was director of the agency's regional office in St. Paul, Minn.
Nigel Jenkins was appointed head of global fixed income and currencies at WestAM, in the London office, replacing Jacqueline Steers, who left the firm in June to take a "career break," said Peter Taggart, spokesman for the firm. The unit has L2 billion ($2.8 billion) under management on behalf of central banks, corporations and other institutional investors. Mr. Jenkins was a director in the fixed-income team at Rothschild Asset. He has not yet been replaced, said Keris Williams, head of fixed income at Rothschild.
Also, Don Russell, former Australian ambassador to the United States and special adviser to Paul Keating, former Australian prime minister, was named head of business development at WestAM, a new position. Mr. Russell will be based in the company's Sydney office. He was a partner in Bell Asset Management, Sydney.
Jeffrey A. Geller was named executive vice president at Commonfund Asset Management, Wilton, Conn., a new position. Mr. Geller, previously a senior partner at Credit Suisse Asset Management, will take control of the investment process at the firm. Todd E. Petzel, president of Commonfund Asset, said hiring Mr. Geller will allow him to shift his focus from asset-management oversight to working in a broader capacity with the Commonfund Group's other businesses and sales and marketing.
Jean-Philippe Carriol was named managing director of ING Furman Selz Asset Management's alternative asset management group, New York, succeeding Seth Wohlberg, who left the firm earlier this year. He was a managing director at West Broadway Partners, where he marketed risk arbitrage and convertible bond arbitrage funds.
Diane M. Wehner was named vice president and portfolio manager of the U.S. equity investment team at GE Asset Management, Stamford, Conn., a new position. She will be responsible for managing $600 million in midcap growth investments. She was a vice president and senior equity portfolio manager at Benefit Capital Management.