Peter Dalgliesh was named director of Pacific equities at F&C Asset Management, confirmed spokeswoman Karolina Adamkiewicz. He will report to Mike Hanbury-Williams, head of Pacific equities. The position is new. Mr. Dalgliesh will be responsible for the management of the Pacific Assets Trust, a non-Japan Asia-Pacific investment trust with £113 million ($207.8 million) as of May 31. F&C had roughly £112 billion in total assets under management as of March 31. Mr. Dalgliesh is now a fund manager at Gartmore Investment Management. He will remain with the firm until September; Gartmore has begun to look for his replacement, spokeswoman Claire Philpot said.
David E. Gonzalez was named vice president of sales and marketing at Cordillera Asset Management, confirmed Michael C. Barela, president and portfolio manager. It is a new position. Mr. Gonzalez is based in the firm's new Chicago office. He was previously COO and head of business development at Optimo Asset Management; no further information was available.
Paul Kandel joined Sentinel Asset Management as a senior portfolio manager and manager of the $180 million Sentinel Mid Cap Growth fund. Mr. Kandel replaced Robert L. Lee, who left the company, said spokesman Barry M. Schwartz. No details on Mr. Lee's plans were available. Mr. Kandel will be based in New York, he said in a telephone interview. Through June 2005, Mr. Kandel had been a senior portfolio manager at Dreyfus Corp., co-managing the growth equity portion of several funds, including the Dreyfus Premier New Leaders Fund, the Dreyfus Premier Future Leaders fund and the Dreyfus Growth Opportunity fund, according to a news release.
Thomas J. Leder and Paul F. Pesile were appointed senior retirement consultants for Pentegra Retirement Services, confirmed spokeswoman Sherry Horowitz. Both positions are new. They report to Richard Rausser, vice president of Pentegra's consulting services division. Mr. Leder was retirement services district manager at ADP Retirement Services. Debbie Morris, a spokeswoman for ADP, was not available for comment on a replacement at press time. Mr. Pesile was customer service manager at Mellon Financial Corp.'s Human Resources & Investor Solutions, now Affiliated Computer Services, according to a Pentegra press release.
John Pickard was promoted head of European equities at UBS Global Asset Management to replace Richard West, who will be on sabbatical until the end of the year, according to spokeswoman Tatjana Domke. Mr. Pickard will remain co-head of Europe Middle East Africa equities. He is based in Zurich and reports to Tom Madsen, global head of equities. Mr. West, who been with UBS for about 15 years, went on sabbatical in March, initially for three months, but he decided to extend it through year's end. His responsibilities were being covered by Mr. Madsen and Neil Mears. As part of a wider European team restructuring, Mr. Mears, previously head of portfolio construction, will now concentrate on his existing role as manager of European high alpha and long/short strategies, and Paul Fairbrother will replace him as head of portfolio construction. Mr. Fairbrother managed U.K. equities and will retain some of those responsibilities, Ms. Domke said
Errol Rudnick is retiring as CIO of Weston Capital Management, confirmed Chairman Albert Hallac. Mr. Rudnick will remain a consultant to the firm for next few months. A search for a new CIO is under way, according to Mr. Hallac.
Ron Sachs was named portfolio manager of the $2.2 billion Janus Olympus Fund and $204 million Janus World Funds-U.S. All Cap Growth Fund, replacing Claire Young, confirmed Shelley Peterson, Janus spokeswoman. Ms. Young will retire after 14 years at Janus to spend more time with her family and focus on philanthropic pursuits. Mr. Sachs will remain portfolio manager of the $1 billion Janus Orion Fund. Also, research analysts Brian Schaub and Chad Meade were named co-managers of $143.7 million Janus Triton Fund, succeeding portfolio manager Blaine Rollins, who is retiring after 16 years with Janus to devote more time to personal pursuits, according to a news release. The changes will take effect June 30.
Bill Hobbs was named interim general counsel at Ritchie Capital Management, replacing Jim Rickards, who left the firm this week, said Justin Meise, a spokesman. Mr. Hobbs, who is deputy general counsel and chief compliance officer, will fill the role until a permanent replacement is found, Mr. Meise said. The alternative investments manager also is searching for a head of risk management and chief marketing officer, positions previously held respectively by Larry Weithers, who was also a managing director, and Kathleen Powers Dunlap. Both left this week. Mr. Meise said Mr. Weithers' duties will be assumed by an interim risk head who has not been named. Mr. Meise didn't have information about an interim replacement for Ms. Dunlap. She had been commuting between her San Francisco home and Ritchie's Geneva, Ill., headquarters and became a consultant to San Francisco-based FEMMX Financial's Women's Equity Mutual Fund, Mr. Meise said. Additionally, Stephanie Mayo, an operations specialist, left the firm recently. Mr. Meise said her duties were assumed by others on the operations team. Mr. Meise had no information on what Mr. Weithers or Ms. Mayo are doing now. On the other side of the world, Ritchie Capital expanded staffing in its Hong Kong office with the addition of Rakesh Mital and Julian Ball as managing directors, Asia Pacific. Both positions are new. The two will focus on alpha generation in hedge funds, private equity, venture capital, international equities, venture finance, real estate and other opportunities in China, India, Korea, Taiwan, Australia and Singapore, Mr. Meise said. Mr. Mital was chief credit officer at GE Global Electronics Solutions, and Mr. Ball was head of JPMorgan's Asian financial restructuring and Asian power and utilities practices. Marie Cheung, a JPMorgan spokeswoman, did not respond by press time to a request for information about Mr. Ball's replacement.
Clayton Coplestone was named head of distribution for greater China and country head for Hong Kong at Deutsche Asset Management, according to a news release. He is responsible for expanding the distribution of the firm's products to both retail and institutional investors across China, as well as building and managing DeAM's Hong Kong business. Mr. Coplestone was head of Asian distribution outside Japan at Credit Suisse; he was replaced by Peter Ryan-Kane, said spokeswoman Suzanne Fleming.
Michael Gray, managing director and global head of credit research in Credit Suisse's fixed-income group, has resigned, confirmed spokeswoman Suzanne Fleming. Mr. Gray, who joined the firm in 2004, did not return a call seeking more information on his plans. Credit Suisse officials will evaluate how to fill Mr. Gray's responsibilities, Ms. Fleming said.
John Roth was named portfolio manager of Fidelity's $3.4 billion New Millennium Fund, according to a news release. He will take over his new role on July 1, replacing portfolio manager Neal Miller, who will retire from the firm at the end of this month. Mr. Roth has managed the Fidelity Select Consumer Industries Portfolio, Fidelity Advisor Consumer Industries Fund and VIP Consumer Industries Portfolio for the past two years. These three funds will now be co-managed by portfolio managers Martin Zinny and Robert Lee. Mr. Zinny will also continue to manage the Fidelity Select Retailing Portfolio, and Mr. Lee will continue to manage the Fidelity Select Food and Agriculture Portfolio.
Colin Williams was named a co-manager of William Blair Investment Management's small-cap growth team, confirmed spokesman Tony Zimmer. Mr. Williams joins portfolio manager Karl Brewer. Both report to Michelle R. Seitz, head of investment management and a member of the firm's executive committee. Mr. Williams joined William Blair's sell-side equity research department in 2000 and became a research analyst in the investment management department in 2002.
Robert Gigliotti, William McCahill and Steven Wolf were named partners at Apollo Real Estate Advisors, said Michelle Manoff, spokeswoman. All are new positions. Separately, Dean Pentikis, a partner in Apollo's New York office, will be moving to Los Angeles to replace Richard Ackerman, who left to form an independent real estate investment and development company, Ms. Manoff said. Mr. Pentikis' New York duties will be assumed by other executives, she said. Mr. Gigliotti was a partner in GE Asset Management's real estate group. Gerald Karr, managing director, assumed his responsibilities. Mr. McCahill was an independent consultant, representing clients on real estate finance. Mr. Wolf was founding principal of Westside Capital Advisors, which works with Apollo as subadviser of Apollo's value added funds. Mr. Wolf remains a director at Westside.
David Reece was named a director in the investment group at American Realty Advisors' Atlanta office, a new position, said Joyce Ezaki, spokeswoman. He was director of real estate equities at Northwestern Investment Management. Danny Flesch, Northwestern spokesman, could not be reached by press time for information on Mr. Reece's replacement.
Donald Fehrs was named senior vice president and director of research at hedge fund Evanston Capital Management. It is a new position, Mr. Fehrs said. He was chief investment officer for the $3.8 billion endowment fund for Cornell University, Ithaca, N.Y. Patricia Johnson, the university's treasurer, has been named interim CIO at the endowment while the university searches for a replacement, according to a school official who did not wish to be identified.
Ralph Raciti joined Phoenix Realty Group as managing director, urban private equity funds, for the northeast region, said Francie Murphy, spokeswoman. The position is new. Mr. Raciti was vice president for urban operations and land acquisitions in New York and New Jersey for Pulte Homes.
Christopher Metcalfe was named senior portfolio manager of the U.K. equities team for Newton Investment Management, confirmed spokesman Jamie Brookes. It's a new position. Mr. Metcalfe will report to chief investment officer Jeff Munroe and focus on institutional portfolio management, helping guide Newton's global portfolio management team on U.K. equity investment matters, according to a company news release. Mr. Metcalfe was director of Schroder Investment Management's U.K. equity prime team. Nik Ekholm, spokesman for Schroder, was not available for comment at press time.
Mike Woodward was named deputy head of investment trusts at F&C Asset Management, confirmed spokesman Jason Hollands. Mr. Woodward replaced Gordon Humphries, who joined Standard Life Assurance as head of investment companies. Mr. Woodward was head of investment trusts and client service director at Martin Currie Investment Management. Martin Currie spokesman Ross Leckie said company officials haven't begun an active search for Mr. Woodward's replacement but hope to have someone in place by September.
Paul Williams was named business development director with Fidelity International's U.K. defined benefit business, confirmed spokeswoman Anne Read. It is a new position. Mr. Williams will report to Mark Miller, head of U.K. defined benefit business development. He was director of institutional sales with F&C Management; he will not be directly replaced.
Lynn MacDonald was named managing director and global head of institutional marketing at Deutsche Asset Management, confirmed spokeswoman Mayura Hooper. Ms. MacDonald's position is new and she will report to Roelfien Kuijpers, managing director and global head of DeAM's institutional business and overall marketing. Ms. MacDonald was managing director and head of institutional marketing at Alliance Capital Management; John Meyers, spokesman, could not be reached for details on her replacement. Along with Ms. MacDonald's hiring, William Grau, managing director and head of marketing for DeAM, will now serve as the head of marketing for the firm's DWS Scudder retail business in the U.S.
Todd Westby was named director of national accounts at WisdomTree Investments, according to a news release. In addition to broker dealers, WisdomTree's sales team will target registered investment advisers, asset management firms, hedge fund managers and mutual fund companies. Mr. Westby was senior national accounts manager for iShares at Barclays Global Investors. He was replaced by Gordon Linke, said Tom Taggart, BGI spokesman. Mr. Linke was head of U.S. cash sales.
WisdomTree also named eight new sales executives: Will Abbott, Morgan Lee, Christopher Murray, Dan Doischen, Rocco Fiordelisi, Chad Brown, Brandon Moore and Reed Williams. Justin Perras, company spokesman, did not return a call by deadline.
Richard Johnson joined Citigroup Alternative Investments as managing director and head of U.S. institutional sales. It is a new position. He reports to Neil Brown, managing director and head of sales, marketing, product development and research, said Jon Diat, a spokesman. Mr. Johnson was managing director and head of strategic business development at Stanfield Capital Management. Andrew Siegel, partner, COO and general counsel at Stanfield, did not return a call seeking information about Mr. Johnson's replacement.
Gareth Derbyshire will be joining Lehman Brothers within the next three months as managing director of its new European pensions advisory group, according to sources close to the hiring. Mr. Derbyshire will report to Alan Rubenstein, head of the new group. Mr. Derbyshire was managing director at Merrill Lynch's insurance and pensions solutions group and previously worked at Morgan Stanley as executive director of its European pensions group, where he was supervised by Mr. Rubenstein. Merrill Lynch spokeswoman Emma Phillips could not be reached by press time for information regarding Mr. Derbyshire's replacement.
Paul M. Swanson joined Lincoln Financial Group as senior vice president of sales for the intermediary channel of Lincoln's defined contribution division, said Tom Johnson, spokesman for Lincoln. It is a new position. Mr. Swanson was senior vice president of sales and marketing at Wealth Management Systems; Jacqueline F. Rynn, vice president of marketing, did not return calls seeking comment on a replacement for Mr. Swanson.
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 a 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, chief executive officer 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.
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.
Richard M. Duff III was named managing director and head of distribution and product management at JMP Asset Management, confirmed a JMP official who did not want to be named. It is a new position. Mr. Duff reports to CEO Joseph Jolson. Mr. Duff was managing director and co-head of the private client group at BlackRock, where he was responsible for intermediary products and distribution.
Jonathan Shuman and Michael Goyer were named vice presidents at JPMorgan Retirement Plan Services, confirmed Jacqueline Meere, spokeswoman. Both are new positions. Mr. Shuman will head defined contribution sales for the Northeast region, and Mr. Goyer will be responsible for DC sales in the Midwest. Both will report to Barbara Lewis, vice president and national sales director. Mr. Shuman was vice president of sales with Prudential Retirement, and Mr. Goyer came from Fidelity Investments, Ms. Meere confirmed. Prudential spokesman Darrell Oliver was not available at press time for comment. Fidelity spokeswoman Erika Soto could not immediately confirm Mr. Goyer's role at Fidelity.
Laurent Farcy-Briant joined Old Mutual Asset Managers as director of continental European sales for the firm's multistrategy hedge funds and structured products. The position is new, said OMAM spokesman Simon Wilson. Mr. Farcy-Briant was managing director at HFR Asset Management, where he oversaw sales of structured products and investible indexes in Europe. Joseph G. Nicholas, chairman, chief executive and chief investment officer of HFR did not return a call requesting information about Mr. Farcy-Briant's replacement.
Peter Cieszko was named president of global distribution at Evergreen Investments, confirmed spokesman Dan Flaherty. The new position broadens the firm's institutional, retail and high-net-worth distribution and product strategies domestically and abroad, said Mr. Flaherty. Mr. Cieszko, who will report directly to Dennis Ferro, president and CEO of Evergreen, will also serve on the firm's operating committee. Mr. Cieszko was most recently managing director and head of U.S. distribution for Legg Mason. Those responsibilities will be handled on an interim basis by Mark Fetting, Legg Mason's head of mutual funds and management services, according to spokeswoman Mary Athridge.
David Schofield was named president of a new international division at Janus subsidiary INTECH, confirmed Shelley Peterson, Janus spokeswoman. Mr. Schofield will be responsible for developing, implementing and managing business initiatives outside the United States. He will be based at Janus International's London headquarters and report directly to Robert Garvy, INTECH chairman and CEO. Mr. Schofield was managing director of Janus' institutional division for Europe and the Middle East. Janus will search for his replacement, Ms. Peterson said.
Robert P. Fort Jr. joined Mellon Financial as director of U.S. collateral reinvestment at Mellon Global Securities Lending, and David C. Whitney was appointed director of U.S. lending, according to Ron Sommer, a Mellon spokesman. The two positions replace the role of chief investment officer, which was held by Christopher Stavrakos. Mr. Stavrakos left the firm in early May and joined BlackRock. Mr. Fort was CIO at Reserve Management, where he oversaw the firm's $41 billion mutual fund business. He was replaced by Patrick Ledford, who was director of the liquidity management team and senior money market/enhanced cash portfolio manager at Citigroup, according to the Reserve Management website. Mr. Whitney, who joined Mellon in 1993, was an international lending manager on the firm's securities lending trading desk. He will remain on the desk, which is expanding, Mr. Sommer said.
Chip Ridley, head of business development and consultant relations for the West Coast at Grantham, Mayo, Van Otterloo, is leaving the firm, confirmed Tucker Hewes, company spokesman. Mr. Hewes had no information on Mr. Ridley's plans, and Mr. Ridley did not return a call. GMO is searching for his replacement, Mr. Hewes said.
Steven Irgang joined Bank of New York's BNY Brokerage unit as vice president, sales and marketing, according to spokesman Andrew Sprung. It is a new position. Mr. Irgang will focus on the firm's electronic direct market access trading platform. He was an associate in the institutional equity sales department at JPMorgan Securities. He was not replaced, according to spokesman Brian Marchiony.
Michael Rubacky, Tim Murphy and Thomas Degnan joined CitiStreet as vice presidents in institutional sales, said Michael Bezdek, spokesman for CitiStreet. The positions are new. Mr. Rubacky was a vice president of sales at Fidelity Investments; a call to Fidelity was not returned by press time. Mr. Murphy ran his TPC Advisors, a consulting company for plan sponsors; that firm closed. Mr. Degnan was managing director for MetLife Retirement Plans for New England and New York; MetLife spokeswoman Holly Sheffer did not return calls for comment.
Mary Lumetta was named vice president of product development for BISYS Alternative Investment Services' hedge fund services business, confirmed spokeswoman Sally Ramsdell. It is a new position. Ms. Lumetta, who is based in London, reports to Ronan Daly, president of BISYS Hedge Fund Services. She will focus on product development and strategy. Ms. Lumetta was vice president of product development for performance management software vendor Cartesis.
Richard A. Bennett was named chief executive officer of The Corporate Library, effective immediately, according to a statement. He replaces Karen Lowell, who will work in special projects at the research company, which focuses on corporate governance and executive and director compensation. Mr. Bennett has been a member of the board of TCL since its inception in 1999. He is currently a governance consultant with Lens Governance Advisors; he will leave that position after a transition period.