Eric Remole was hired as head of quantitative research for the institutional U.S. equity team at JPMorgan, confirmed spokeswoman Jacqueline Meere. He will take on responsibilities of Bernard Kroll, senior portfolio manager and head of structured equity, who will begin a one-year leave of absence for personal reasons next month. Mr. Remole was a managing director and head of quantitative research at Columbia Management Group. Tom Gariepy, spokesman for Columbia, said Mr. Remole left the firm "in conjunction with the merger integration" between FleetBoston Financial and Bank of America. Columbia Management was a subsidiary of Fleet.
Robert Goodman was named managing director and global head of insurance relationships at Deutsche Asset Management, said Eric Kirsch, global head of DeAM's insurance asset management group. Mr. Goodman will be responsible for developing new business and serving existing clients, said Mr. Kirsch. The new position was created because DeAM restructured its insurance business last year to take a more global approach to the insurance industry, said Mr. Kirsch. DeAM currently manages roughly $150 billion in insurance assets. Mr. Goodman, who will be based in Frankfurt, said he is focused on building up insurance distribution teams for DeAM's European and Asian operations and will soon begin "significant hiring" in both regions. He was global head of insurance investment banking at NM Rothschild & Sons. Jeffrey Taufield, spokesman, could not offer immediate details on Mr. Goodman's replacement.
Don Barden joined MassMutual Retirement Services as managing director of institutional sales for Georgia, North Carolina and South Carolina, said Lisa Reilly, spokeswoman. He is based in Atlanta. Mr. Barden replaces Robert Kumming, who retires Feb. 1, said Ms. Reilly. He was managing director of 401(k) sales for the Southern U.S. at MetLife Retirement and Savings. Toni Griffin, spokeswoman for MetLife, did not return calls.
Robert L. Fitzpatrick was named a managing director at Cadence Capital Management, said Marissa Tomasic, client service coordinator. The promotion brings the number of managing directors at the 34-person firm to six. Mr. Fitzpatrick joined Cadence as a technology analyst in 1999 and has managed portfolios since 2003.
Louis E. Marinaccio was promoted to managing director from principal at North Castle Partners, a consumer and health-care private equity firm. Jay Wilkins and Alison Minter were promoted to principal from associate.