John Breaux, who retired last year as a U.S. senator from Louisiana, was named a director on the board of the Managed Funds Association, the Washington trade association representing the hedge fund industry. "In light of his experience and expertise, we believe Sen. Breaux's counsel will prove invaluable as our industry and our association continue to grow and prosper, and as we work toward advancing sound policy initiatives," said Adam Cooper, chairman of the association's board and a senior managing director and general counsel at the Citadel Investment Group. Since his retirement, Mr. Breaux also became a senior adviser to Riverstone Holdings, a private equity firm, and senior managing director at the Clinton Group, a money management firm.
Shaun Mays was appointed global head of RREEF Infrastructure Investments, the new name of Deutsche Asset Management's infrastructure investments business, and Felicity Gates was appointed CIO, said Rohini Pragasam, spokeswoman. Mr. Mays was head of DeAM's Australia unit and Ms. Gates was head of infrastructure, acting as its CIO. The new group will be a unit within RREEF/DB Real Estate, DeAM's real estate investment group. It had been a unit of DB Capital Partners. "We are rebranding the business because it is moving to be in the RREEF/DB Real Estate product line and will be headquartered in the U.S., where the brand for the real estate business is RREEF," Ms. Pragasam said. The business, based in Sydney, will move to New York.
Rebecca Hayward joined Ferrell Capital Management as marketing director, a new position. She will market Ferrell Concert, the firm's long-short hedge fund of funds, to consultants and institutions, said William G. Ferrell, president. "We had been selling Ferrell Concert to commercial banks. Now that it's hit its four-year track record, we wanted to introduce it to institutions," said Mr. Ferrell. "Rebecca has over 16 years of experience and a very good Rolodex, so we felt it was an excellent fit." Ms. Ferrell previously worked at a third-party marketing firm; no further information was available.
Cynthia L. Moore, Washington counsel to the National Council on Teacher Retirement, is resigning at the end of the year. Ms. Moore, who has been with NCTR for 18 years, intends to return to school to study linguistics. No replacement has been named.