David W. Glenn was named managing director at Lightyear Capital, a new position, and Gun H. Keresteci was named a senior vice president for the private equity firm, which has $2 billion under management. Mr. Glenn was a senior vice president at Lightyear. Mr. Keresteci was a partner at business consultant McKinsey & Co; Rebeca Robboy, a spokeswoman for McKinsey, was not able to return calls by press time about a replacement.
Howard Hawkins III joined Christian Brothers Investment Services as vice president for marketing and business development, replacing Don Platner, who recently left to pursue other opportunities, said Stephanie Kendall, spokeswoman. Mr. Hawkins is responsible for developing and implementing a comprehensive sales strategy for key target markets, including establishing new relationships with Catholic institutional investors, to increase the firm's $3.5 billion in assets under management. He reports to Francis Coleman, executive vice president. Mr. Hawkins was a managing director of institutional sales and retirement services for MassMutual Financial Group. Deborah Jorge, spokeswoman for MassMutual, could not provide a comment by press time.
Steven G. Mandis was named managing principal, vice-chairman and CIO for special credit and select opportunity strategies at hedge fund manager Halcyon. The position is new. Mr. Mandis will manage high-yield debt of middle-market companies and "undervalued and orphaned investments" across a range of asset categories, according to a company statement. He will also serve on Halcyon's risk management and investment committees. Mr. Mandis was a vice president and assisted with portfolio management within the special situations investing group of Goldman Sachs & Co.'s fixed income, currency and commodities division. Michael DuVally, a spokesman for Goldman Sachs, would not comment on Mr. Mandis' replacement.