Maureen Garrity was named managing director at Citigroup Alternative Investments, responsible for sales and marketing to U.S. corporate pension funds. The position is new, said Jon Diat, a CAI spokesman. She will report to Neil Brown, managing director and head of sales, marketing, research and product development. Ms. Garrity was a partner at multistrategy hedge fund manager Thunder Bay Capital Management responsible for marketing and client service. Officials at Thunder Bay could not be reached for information about Ms. Garrity's replacement. Ms. Garrity rejoins former Thunder Bay colleague Dean S. Barr, who joined CAI as director of liquid investments in November, Mr. Barr founded Thunder Bay and was its president and CEO. Ms. Garrity and Mr. Barr both worked at Deutsche Asset Management prior to their tenures at Thunder Bay.
Gareth Morgan was named a fund manager on F&C Asset Management's emerging markets equity team. Mr. Morgan, a Latin American equity specialist, will report to Jeff Chowdhry, head of F&C's emerging markets equities, according to a news release. Mr. Morgan was a non-Asian emerging markets portfolio manager for Shell Pension Management Services, which manages $58 billion in global pension plan assets for the Royal Dutch/Shell Group. Neither Jason Hollands, F&C spokesman, nor Henk Bonder, spokesman for Shell, were immediately available for details or comment.
Greg Kerr and Jorry Noeddekaer joined New Star Asset Management as fund managers, said spokesman Ben Robinson. Both positions are new. Mr. Kerr will be responsible for managing the U.S. equities portion on New Star's subadvisory mandates for the Family Investment and other institutional accounts. Mr. Noeddekaer will work with New Star's Asian team, focusing on emerging equity and global/European, Australasian and EAFE products, according to a news release. Mr. Kerr was a fund manager with M&G Investments. Aled Smith replaced him as manager of the M&G Global Technology Fund, said Clare Milton, a spokeswoman for M&G. Mr. Noeddekaer was a fund manager with BankInvest; a spokesman there couldn't immediately be reached for comment.
Sharon Egilinsky was named managing director at Credit Suisse and head of strategy for the company's asset management business in the Americas, a new position, said Suzanne Fleming, spokeswoman. Ms. Egilinsky will report directly to Lawrence Haber, COO of Credit Suisse's asset management division. Ms. Egilinsky was a managing director at Citigroup, and co-head of the firm's global transition management business. Former co-head Timothy Wilkinson will now be the sole leader of transition management, said Citigroup spokeswoman Danielle Romero.