David Mullins Jr. was named chief economist by hedge fund manager Vega Asset Management (USA) LLC, New York. The position is new. He will remain managing director and chief economist for Azimuth Trust Co. LLC, St. Croix, Virgin Islands, a hedge fund-of-funds manager. He is based in the firm's New York office. Mr. Mullins was a founding principal of Long-Term Capital Management LP, New York, and is a past vice chairman and governor of the U.S. Federal Reserve System.