Steven P. Luetger was named a senior managing director at Mesirow Financial Investment Management, responsible for enhancing the firm's fixed-income products, said spokeswoman Katie Schimmel. The position, focusing on asset-backed securities, is new. Mr. Luetger was managing director and head of the Chicago-based fixed-income team at Columbia Management Group. Also joining Mesirow from Columbia are Mark E. Newlin as managing director, investment-grade corporate securities; Peter W. Hegel as managing director, mortgage-backed securities; and James J. Kilbane, as managing director, consultant relations and client services. All three positions are new. Messrs. Newlin and Hegel were senior vice presidents and fixed-income portfolio managers at Columbia; Mr. Kilbane was a managing director of consultant relations and client services for the firm.
Columbia spokesman Tom Gariepy wasn't immediately available for comment.