Brett G. Wyard will join The Carlyle Group next month as managing director and co-head of Carlyle Strategic Partners, which invests in distressed securities, said Chris Ullman, spokesman. "Brett's background helps round out the team's experience, particularly in terms of discounted/marketable securities. The current team has more experience doing control deal buyouts," Mr. Ullman said. Mr. Wyard was a managing director in the corporate opportunities group at Oaktree Capital Management. John Frank, general counsel at Oaktree Capital did not return calls by press time seeking information on Mr. Wyard's replacement.
Scott Wennerholm was named COO of Mellon Institutional Asset Management, said Joseph Ailinger, spokesman. Mr. Wennerholm replaced Patrick Sheppard, who became president and COO of Boston Co. Asset Management in May. Mr. Wennerholm will oversee Mellon Institutional's strategic and business planning, according to a news release; he will report to Ronald P. O'Hanley, president of Mellon Institutional and vice chairman of parent Mellon Financial. Mr. Wennerholm was COO of CDC IXIS Asset Management Advisors Group. Peter Joyce, spokesman for CDC, could not be reached for comment on Mr. Wennerholm's replacement.
Samuel Morley was named a U.S. equity analyst at Threadneedle Investments, effective later this month, said Richard Eats, spokesman. Mr. Morley will primarily focus on technology stocks within the firm's long-only and hedge fund portfolios, Mr. Eats said. The new position is part of Threadneedle's expansion of its U.S. equity team. Mr. Morley was an analyst with Karsch Capital Management. Karsch officials were unavailable for comment by press time. Separately, Robert Graham-Brown, manager of the Threadneedle American Smaller Companies Growth fund for roughly a year and a half, will be leaving Threadneedle for another firm, Mr. Eats said. He would not name the firm, and Mr. Brown was not available for comment by press time. Mr. Eats said Threadneedle is "very close to signing the papers" on Mr. Brown's replacement, but would not provide further details. He noted Threadneedle will add an additional small-cap analyst, likely by year end.