Chip Schorr was named senior managing director in Blackstone Group's private equity group, overseeing technology-related investments, confirmed John Ford, spokesman. The position is new. Mr. Schorr was managing partner at Citigroup Venture Capital Equity Partners. John Diat, a Citigroup spokesman, said Mr. Schorr has not been replaced. "Citigroup Venture Capital has a deep and talented roster of senior private equity executives," Mr. Diat said.
Bruno Gerard was named senior strategist for currency management at Mellon Capital, said Mike Dunn, spokesman. The position is new. Mr. Gerard was a finance professor at both the Norwegian School of Management in Oslo and Tilburg (Netherlands) University. Mr. Gerard will report to Thomas Hazuka, Mellon Capital's CIO.