Alan F. Delcorse and Russell C. Smith joined Man Investments Inc. ...

Alan F. Delcorse and Russell C. Smith joined Man Investments Inc., Chicago, as vice presidents, intermediary sales. Both are new positions for the hedge fund of funds manager. Mr. Delcorse was institutional director of sales at Calamos Asset Management Inc., Naperville, Ill. Jeff Kelly, a spokesman, did not return a call by press time seeking information on a replacement. Mr. Smith was national sales director in the consults managed account group of Merrill Lynch & Co., New York.