Barry Tannen was named director of sales-U.S. financial institutions by hedge funds-of-funds manager Tremont Capital Management. The position is new, said Rob Solomon, a spokesman. Mr. Tannen will oversee new and existing relationships with larger U.S. financial institutions that make direct investments in Tremont funds of funds or advise clients about doing so. He will report to Robert Rosenbaum, senior vice president and director of the investment adviser group. Mr. Tannen was a principal at hedge funds-of-funds manager Mezzacappa Capital Management, where he was in charge of intermediary sales and marketing. Greg Rice, managing director at Mezzacappa, declined to comment on Mr. Tannen's replacement.
Michelle Futhey was promoted to director of the central/west region for Aon Consulting, confirmed spokesman Joe Micucci. Ms. Futhey, who has been with Aon since 1993 and will remain in the St. Louis office, will be responsible for account management and business development throughout the region, which covers Ohio, Michigan, Illinois and all states west of the Mississippi River. She reports to Kathryn Hayley, CEO of Aon Consulting U.S. Ms. Futhey replaced Charlie Ross, who is now executive vice president and leader of the communications, talent, and rewards practice for Aon Consulting. Ms. Futhey was senior vice president and head of the St. Louis office; it was not immediately known if she would be replaced in those roles.
Richard Cohen was named an executive director at Morgan Stanley Real Estate, confirmed Alyson D'Ambrisi, vice president-investment banking division. It is a new position. Mr. Cohen is responsible for new business development and client relations and reports to Joyce Frater, executive director head of client marketing and client relations. Mr. Cohen was a senior vice president at ING Clarion, according to a Morgan Stanley press release. Bill Krauch, a spokesman for ING, was not available for comment at press time. Morgan Stanley's real estate arm has about $50.9 billion in assets under management, Ms. D'Ambrisi said.