Collin Crownover was named global head of currency management at State Street Global Advisors, spokesman Stephen Sheppard confirmed. Mr. Crownover replaces Tony Spence, who left in April. Based in London, Mr. Crownover will report to Rick Lacaille, European CIO, and Alistair Lowe, director of global asset allocation and currency. Mr. Crownover was global head of the investor risk advisory team at Citigroup. Information about his replacement at Citigroup was not available at press time, according to Citigroup spokesman Adrian Russell. State Street Global Advisors had $80 billion in currency assets under management as of June 30.
Eldon Mayer, co-founder and portfolio manager at hedge fund-of-funds manager MayerCap, has also been given the title of CIO after co-founder and previous CIO Matthew Hoffman left the firm. Sam Kirschner, managing director, said Mr. Hoffman's plans are not known. Mr. Hoffman could not be reached for comment. MayerCap was formerly known as Mayer & Hoffman.
Michael Meyers was named a partner and portfolio manager at absolute return manager GoldenTree Asset Management, a new position. He will oversee the firm's global health-care investments, assuming coverage of the sector from another partner, who will concentrate on other sectors, said John Henderson, a spokesman. Mr. Henderson did not respond by press time to inquiries about the identity of the other partner. Mr. Meyers was a founder, portfolio manager and managing partner of hedge fund manager Trivium Capital. Tom Blessing, Trivium's director of marketing, said a senior health care analyst had been hired to assume Mr. Meyers' duties, but he declined to identify the person.
Mayree C. Clark and Joel M. Podolny were named to Greenwich Associates' six-member board of advisers, which serves as a sounding board for strategic planning, said Joan Weber, spokeswoman institutional financial consulting firm. Ms. Clark is a partner in AEA Holdings, a private investment firm specializing in alternative assets including hedge fund investments, real estate and private equity. Mr. Podolny is dean of the Yale School of Management and a professor of management. They replace Peter Darling, chairman of Atlas Capital, a manager of hedge funds of funds and other alternative investments; and Jay O. Light, dean of the Harvard Business School and a professor of business administration. Messrs Darling and Light are leaving the board because of other commitments, Ms. Weber said.