Lorin Gresser was named head of the alternative investment business by...

Lorin Gresser was named head of the alternative investment business by Threadneedle Asset Management Ltd., London. The position was created to better manage the firm's hedge fund business, said Samantha Slator, a Threadneedle spokeswoman. Ms. Gresser will oversee all non-investment activities of the unit. She had been head of strategy at Threadneedle, and will not be replaced, Ms. Slator said.