John Krimmel resigned as CIO of the $14 billion Kentucky Retirement Systems, Frankfort, confirmed Brent Aldridge, portfolio manager of alternative assets. No interim replacement has been selected since Mr. Krimmel's unexpected departure last week, Mr. Aldridge said; he declined to provide further details. Fund officials have begun a search for a new CIO, and inquiries should be directed to Marlane Robinson, human resources director.
Robin Lough was appointed head of strategy and business development at Pioneer Global Asset Management. He will be based in Milan. It is a new position. Mr. Lough was managing director of equity capital markets at Dresdner Kleinwort Wasserstein in London. Representatives of DKW did not return calls by press time requesting information about Mr. Lough's replacement.
Barry Friedson will join Arden Asset Management on June 1 as chief technology officer, replacing William McCrea, who left at the beginning of the year, said Jonathan Gasthalter, a spokesman. Mr. Friedson will report to Vikas Kapoor, executive director of risk management and technology at the hedge fund-of-funds manager. Mr. Friedson was a director within Deutsche Asset Management's absolute-return strategies technology group. Deutsche spokeswoman Mayora Hooper did not return a call seeking information about a replacement. Separately, Louis Rodriguez joined Arden as a director on the research team. The position is new, Mr. Gasthalter said. Mr. Rodriguez will focus on operational and infrastructure due diligence of hedge fund managers. He was a senior operations analyst at hedge fund-of-funds manager EIM Management (USA). Information about Mr. Rodriguez's replacement was not available.