Gina Dugas was named CFO of the $356 million Louisiana State University Foundation, Baton Rouge, she confirmed. Ms. Dugas replaced Patrick Landry, who resigned Aug. 31. Ms. Dugas was the associate director of business affairs for the foundation. She was replaced by Kate Spikes, whose previous position could not be immediately learned.
Michael Peskin, a managing director at Morgan Stanley and head of the firm's pension liability management group, moved to Morgan Stanley Investment Management as managing director and head of the global pension solutions group, a new unit, according to Erica Platt, an MSIM spokeswoman. Mr. Peskin will develop liability-driven investment solutions for pension clients. Matthew Salvner, a managing director of Morgan Stanley's structured products unit, was also named director of pension management. That will include pension liability management and structured strategies, which are being combined into a single unit, said Ms. Platt.
Kieran Dempsey was named CEO of GE Asset Management's European investment operations, confirmed spokesman Chris Linehan. He replaces Gavin Hill, who recently left GE Asset Management to become investment director of Synesis Life. Mr. Dempsey, who will remain CIO of GE Asset Management, will focus more on expanding the firm's business through channels including insurance companies, retirement plans and subadvisory relationships.
Ion Bogdaneris joined AIG Global Investment Group as managing director of alternative investments in Europe, a new position, according to a news release. He will report to Robert Thompson, senior managing director and head of global alternative investments, and work from the firm's London office. Mr. Bogdaneris was a member of the international supervisory board at The Blackstone Group. He will not be replaced, said Sophie Harrison, a Blackstone spokeswoman.
Andrew McCaffrey was hired by Aberdeen Asset Management as head of absolute return strategies, said James Thorneley, an Aberdeen spokesman. It is a new position. Mr. McCaffrey will oversee the firm's existing absolute return strategies and develop new ones. He was chief executive at Attica Alternative Investments; officials there were not available to comment on a replacement by press time.
Birgitta Bostrom was appointed head of fixed-income product management at Schroders, said spokesman Richard King. It is a marketing role that requires portfolio management expertise. She replaces Sandra Curtis, who has left the firm; no further details were available. Ms. Bostrom was a fixed-income product manager at Wellington Management. Wellington spokeswoman Lisa Finkel could not be reached by press time for information on a replacement.
Mark A. Friebel was named head of asset allocation at Pyramis Global Advisors, Fidelity Investments' institutional investment unit, said Steve Austin, Fidelity spokesman. The position is new. Mr. Friebel will develop and oversee management of asset allocation strategies and products for the firm, according to a Pyramis news release. He was a principal and manager of asset allocation at Barclays Global Investors, said BGI spokesman Tom Taggert. BGI is looking at candidates inside and outside the firm to fill the position, Mr. Taggert said.
Barry H. Evans was named president of MFC Global Investment Management (U.S.), said Beth McGoldrick, spokeswoman. He also is chief fixed-income officer and chief operating officer. Mr. Evans replaces Keith Hartstein as president; Mr. Hartstein continues as a director of MFC Global Investment Management (U.S.) and remains the CEO and president of the group's U.S. distribution arm, John Hancock Funds. In a telephone interview, Mr. Evans said his new title reflects the group's continuing effort to separate its investment business from distribution. Boston-based MFC Global Investment Management (U.S.) was formerly known as Sovereign Asset Management. The Oct. 1 name change was made by MFC Global Investment Management, the Toronto-based parent.
Scott E. Couto was promoted to global head of product at Evergreen Investments, said spokesman Dan Flaherty. It is a new position. Mr. Couto will be responsible for "driving innovative product strategies from conception to implementation," according to a news release. Mr. Couto will report to Peter Cieszko, president of global distribution. Mr. Couto was senior vice president and director of investment product management. Mr. Flaherty said Mr. Couto will retain the title of senior vice president and his previous responsibilities.
Stephen Moore was named executive director in WestLB's global energy group, according to a news release. He will report to Thomas Murray, global head of energy, and Manish Taneja, global co-head of loan and debt capital markets. Ashweeta Durani, WestLB spokeswoman, could not be reached for more details on the position. Mr. Moore was a vice president and senior credit officer at Moody's Investor Service.
William McHugh was promoted to group head of the Strategic Investment Advisory Group for JPMorgan Asset Management, said Jacqueline Meere, spokeswoman. Mr. McHugh replaces Karen McQuiston, who left in May to become a vice president at Goldman Sachs. Previously, Mr. McHugh was CIO of parent JPMorgan Chase's treasury department. Ms. Meere said the firm is seeking a replacement.
David Morrison was named executive director and head of U.S. investment strategy and research for Morgan Stanley Real Estate's U.S. investing business, confirmed spokeswoman Alyson D'Ambrisi. He will report to Dave Hardman, managing director and U.S. head of real estate investing. Mr. Morrison replaces Mark Albertson, who became executive director and head of $6.5 billion Prime Property Fund; Mr. Albertson replaced Joe Thomas, who left in January. Previously, Mr. Morrison was managing director of institutional real estate portfolio management for TIAA-CREF Asset Management and lead portfolio manager for TIAA-CREF's Core Property Fund. Jennifer Compton, TIAA-CREF spokeswoman, said no replacement had been selected for Mr. Morrison.
Ashi S. Parikh joined Trusco Capital Management as executive vice president and CIO of equities, said David Eidson, chairman and CEO. It is a new position.
Mr. Parikh was CIO for Eagle Institutional Growth Advisors, a division of Eagle Asset Management. Stephen G. Hill, president of Eagle Asset Management, couldn't immediately be reached for comment about a replacement.
Chris Lytle and Anthony Lorenzo joined Morgan Stanley Investment Management to start a new small-cap and midcap long/short equity strategy in the company's alternative investments group, according to an internal memo sent to employees this morning. Mr. Lytle will serve as managing director and portfolio manager of the new strategy, and Mr. Lorenzo will be executive director and research analyst, according to the memo from Stu Bohart, head of MSIM's alternatives unit, and Yie-Hsin Hung, head of direct hedge funds and private equity. Messrs. Lytle and Lorenzo were portfolio managers at BKF Asset Management, where they managed a small-cap and midcap long/short equity strategy. John Siciliano, CEO of BKF, said the firm has wound down its assets and no longer manages any money.
Michael Taylor, head of equities at Threadneedle Investments, will leave the London-based asset manager at the end of the year to pursue "a new direction" in his lifestyle, spokeswoman Monina Villaroman said. Mr. Taylor, who also is head of U.K. equities, "hasn't decided on anything concrete, but it won't be to start another fund management company or anything like that," Ms. Villaroman said. Mr. Taylor couldn't be reached for comment. Leigh Harrison, who is head of U.K. retail equities, will take the title of head of U.K. equities; it hasn't been decided whether Threadneedle will seek a replacement for Mr. Harrison. Mr. Taylor's responsibilities as head of all equities will be assumed by Mr. Harrison; William Davies, head of European equities; and Dominic Rossi, head of international equities. The three will report to CIO Sarah Arkle. Threadneedle has £71 billion ($134 billion) in assets under management as of July 31, including £22 billion in U.K. equities.
David Ishibashi and Taizo Ishida will become co-managers of the Matthews Japan Fund, effective Oct. 1. Both positions are new, said Victoria Odinotska, a company spokeswoman. Messrs. Ishibashi and Taizo will join Mark Headley, the lead manager of the $363.8 million Japan Fund and president of Matthews International Capital Management. "They significantly enhance our overall Asia-Pacific effort," Mr. Headley said in a news release. Mr. Ishibashi was a vice president and analyst on the international and global small-cap equities team at Lazard Asset Management. Mr. Ishida was vice president and a Japan and Pacific Basin portfolio manager at Wellington Management. A Lazard spokesman who asked not to be named and Wellington spokesman John Steinberg both declined to comment, saying their companies do not discuss personnel matters.
Tom Finucane was named a vice president and financial services sector equity analyst at Loomis Sayles, said Erin Heggerick, spokeswoman. He replaces Tom Davis, who remains a portfolio manager on Loomis Sayles' global growth strategy team. Mr. Finucane had been at John Hancock Funds, where he was co-portfolio manager of four financial services funds with a combined $4 billion in assets under management, according to a Loomis Sayles news release. Roger Hamilton, a portfolio manager of John Hancock's Balanced Fund, will join the financial industries team as well, assuming some of Mr. Finucane's responsibilities, said Beth McGoldrick, John Hancock Funds spokeswoman.
David Holdreith was named vice president and portfolio manager at Goldman Sachs Asset Management, confirmed spokeswoman Laura Rzasa. The position is new. He will focus on portfolio construction and oversight of GSAM's insurance clients' portfolios. Mr. Holdreith was a portfolio manager at AAM Insurance Investment Management. Robert Salzman, vice president and portfolio manager, replaced Mr. Holdreith, said Joel Cramer, AAM vice president and director of sales and marketing.
Ashish Shetty joined the M.D. Sass Corporate Resurgence private equity funds and M.D. Sass Re/Enterprise hedge funds as a distressed securities analyst, said spokeswoman Hedda C. Nadler. The position is new. Mr. Shetty was a financial analyst at CIBC World Markets, according to a news release. A spokesman at CIBC World Markets wasn't immediately available for comment.
Kun Yang joined PanAgora Asset Management as a quantitative research analyst, said spokeswoman Laura McNamara. It is a new position. He will be a member of PanAgora's quantitative portfolio team, pursuing advanced financial modeling while working to improve existing strategies and develop new models, according to a statement. Mr. Yang just completed his doctorate in international economics and finance at Vanderbilt University.
Kent Moser was named head of client development at hedge fund-of-funds manager Mezzacappa Management. He will oversee all global marketing and client service-related activities, said Caitlin Gomez, Mezzacappa spokeswoman. The job is an expansion of the position held by Barry Tannen, who headed intermediary sales and marketing before leaving to join Tremont Capital Management earlier this year, Ms. Gomez said. Mr. Moser was a director at Alliance Hedge Fund Investments and vice president of AllianceBernstein, where he marketed hedge fund strategies to global clients. John Meyers, an Alliance spokesman, did not return a call seeking information on Mr. Moser's replacement.
Donald Froude was named managing director and head of U.S. distribution at Legg Mason, confirmed spokeswoman Mary Athridge. Mr. Froude replaces Peter Cieszko, who was named Evergreen Investments' president of global distribution in June. Mr. Froude was president of intermediary distribution at Columbia Management. David Feldman, head of Columbia's financial institutions division, will assume Mr. Froude's intermediary distribution responsibilities on an interim basis, said spokeswoman Robyn Tice.
David Muller was named executive director of Morgan Stanley Investment Management's institutional distribution team, confirmed Andrea Slattery, spokeswoman. The position is new. Mr. Muller will focus on corporations, endowments and foundations, providing both sales and client service support. Mr. Muller was a director of client service and business development at Fischer Francis Trees & Watts. He was replaced by Deborah Foord, who was managing director and senior relationship manager at Credit Suisse, said Deborah Hazell, managing director and head of client service and business development for FFTW in the Americas.
Eric Lareau was named a director of institutional sales at Principal Global Investors, responsible for institutional sales and marketing in the southeastern U.S. The position is new, said spokeswoman Tina Marchetti. Mr. Lareau, who will be based in Waltham, Mass., was a director of institutional sales at Merrill Lynch Investment Managers. Details on Mr. Lareau's replacement could not be immediately learned.
Bonnie G. George joined alternative asset manager Gerken Capital Associates as director of marketing and sales, according to a statement from the company. Ms. George replaces Rustom Nagarwalla, who left the firm to pursue a strategic role with a focus on alternative investments in India, said Greg Madding, Gerken Capital's COO. Ms. George had been COO at West Highland Capital. Information about Ms. George's replacement at West Highland could not be learned by press time.
Alice Kurtz joined Sentinel Benefits, an employee benefit and retirement consultant, as an ERISA compliance officer, said Elise Lapham, spokeswoman for Sentinel. It is a new position. Ms. Kurtz will be responsible for providing recommendations on 401(k) plan design and compliance issues. She was a senior manager at Ernst & Young. Catherine Pulley, spokeswoman for Ernst & Young, did not return calls seeking information about a replacement for Ms. Kurtz.
Paul Schneider resigned as chief administrative officer of the Public Company Accounting Oversight Board, effective at the end of this month, he said. Mr. Schneider said he was considering relaunching a consulting firm that specializes in corporate turnarounds and restructurings. The PCAOB board had not determined whether to replace him, said spokeswoman Christi Harlan. The PCAOB was formed in January 2003 under the Sarbanes-Oxley Act to oversee auditors of public companies.
The Chicago Board Options Exchange board of directors voted to retain William J. Brodsky as chairman and chief executive for at least two more years, said Lynne Howard-Reed, a spokesman for the exchange. "CBOE has overcome significant competitive challenges and launched important strategic initiatives under Bill's leadership, and we are pleased to have reached this agreement," John Smollen, CBOE vice chairman, said in a news release. Mr. Smollen also said it was important to maintain "a continuity of leadership" as CBOE prepares to go public later this year.