Eric Upin was named CIO at Stanford Management Co., said John Powers, CEO. Mr. Upin has been interim CIO since the end of 2005, when his predecessor, Mike Ross, left to become CIO at Makena Capital Management. Stanford Management runs the $15.2 billion endowment of Stanford University, Palo Alto, Calif.
Jean-Baptiste Segard was named CEO for Societe Generale Asset Management UK, confirmed spokeswoman Inez de Koning. Mr. Segard will assume the post in January. He replaces former joint CEOs John Richards and Alex Buffet. Mr. Richards is giving up his corporate management responsibilities to focus entirely on asset management as U.K. equity fund manager and head of asset allocation. Mr. Buffet, who was also COO, will take on new senior responsibilities in Paris, but his official title has not been decided. Mark Robson will be the new COO; he will also retain his position as head of finance. Mr. Segard currently is head of corporate clients for continental Europe; Ms. de Koning could not immediately provide information on his replacement.
F. Mark Turner joined Babson Capital Management as managing director with responsibility for expanding the firm's global macro absolute return product lineup, said spokeswoman Faith Yando. It is a new position. Mr. Turner's arrival "provides great opportunities to grow our absolute return product line and continues our overall focus on alternative investments," Roger W. Crandall, Babson's chairman, president and CEO, said in a news release. Mr. Turner will be responsible for managing three Pentagram Investment Partners global macro portfolios with combined assets of $100 million, which Babson will subadvise. Mr. Turner was president and CIO of Pentagram, an asset management firm he founded in 2001; he will retain ownership in the firm.
Kristi Mitchem was named managing director and head of the U.S. defined contribution business at Barclays Global Investors, said Lance Berg, spokesman. She will focus on defined contribution strategy. It is a new position. Ms. Mitchem was managing director and head of U.S. transition management; BGI is searching for a replacement.
Jeffrey Halpern was named director and head of market risk management for Credit Suisse's alternative investments multimanager business, confirmed spokeswoman Suzanne Fleming. He will help enhance the hedge fund-of-funds business. It is a new position. Mr. Halpern was the head of risk management at Moore Capital Management, an alternative investments firm. Calls to Moore seeking information on his replacement were not immediately returned.