(updated with correction)
Lance Donenberg will join hedge fund-of-funds manager Glenwood Capital Investments in April as head of manager sourcing. He will also join Glenwood's investment committee. Mr. Donenberg replaces David Kim, who left the firm, said Armel Leslie, a Glenwood spokesman. Mr. Donenberg was director of alternative investments in the Chicago office of hedge fund manager Balyasny Asset Management. Information on a replacement was not available.
David Lissek was named senior vice president at Freeman Associates, said Michael Bishop, president. Mr. Lissek will lead sales and client services efforts for corporate and public pension plans, as well as foundations and endowments. The position is new. Mr. Lissek was a senior vice president and relationship officer at Barclays Global Investors. His responsibilities are being assumed by other members of the firm's institutional business, said BGI spokesman Lance Berg. Freeman Associates is "actively pursuing" other individuals as the firm expands, Mr. Bishop said, adding that its assets under management have roughly doubled over the last two years to $4 billion.