Alain Hung was named acting CIO-fixed income at the $67.9 billion the State of Wisconsin Investment Board, Madison. Mr. Hung, director of global fixed income for SWIB, replaces Jon Traver, who retired Dec. 31. Mr. Traver oversaw $18.6 billion in fixed income. Also, Sally Lee, portfolio manager of a $3.6 billion government credit portfolio, plans to retire Jan. 31. The board will discuss how the two will be permanentlyreplaced at its meeting Wednesday.
John Breaux, former Democratic senator from Louisiana, was named senior managing director at Clinton Group He also is a member of the board of directors. Mr. Breaux will advise the alternative investment firm's on strategic direction and new investment strategies.