Paul W. Marcuse joined UBS Global Asset Management as managing director and head of its global real estate business. He will be based in London and will be a member of the firm's executive committee. Mr. Marcuse succeeds James W. O'Keefe, who will be appointed senior adviser to the UBS global real estate team. Mr. Marcuse was global chief executive at AXA Real Estate Investment Managers. Dominique Carrel-Billiard, CEO of parent firm AXA IM Group, also took the CEO title at AXA Real Estate, said spokeswoman Susan Cook.
Carter R. Harrison Jr. joined fixed-income alternatives manager Aladdin Capital Management as director of sales and marketing services, confirmed Mike Carroll, an Aladdin spokesman. It is a new position. Mr. Harrison's will be "an adviser to investors/clients regarding the best application of Aladdin's expanding array of alternative fixed-income-based strategies. ... Carter has spent most of his 35-year career providing sound and oftentimes innovative investment counsel to institutional investors," Scott Harrington, senior managing director, said in a news release. Mr. Harrison was a portfolio manager for 10 years and a consultant for 20 years, according to the release. Mr. Harrison was most recently chief investment consultant at AMVESCAP, providing senior management with advice about major investment trends and their impact on the firm. He left in fall 2005, said William Hensel, an AMVESCAP spokesman. Aladdin's Mr. Carroll said the "semi-retired" Mr. Harrison was persuaded to come back into money management by Mr. Harrington.
Gideon Nieuwoudt will join Union Bancaire Privee's London office in April in the new position of deputy head of alternative investment research and head of alternative investment research for Europe and Asia, according to a news release. His primary role will be to improve monitoring of European and Asian hedge fund managers. "This role is in line with the dynamic growth of the hedge fund industry on these two continents," Stefan Zellmer, global head of alternative investment research, said in the release. Mr. Nieuwoudt will report to Mr. Zellmer, who is based in New York. Mr. Nieuwoudt was senior investment consultant in the New York office of Watson Wyatt Worldwide, where he provided consulting advice to institutional investors about absolute-return strategies with a focus on hedge funds. Emily Rieger, a Watson Wyatt spokeswoman, did not return a call seeking information about Mr. Nieuwoudt's replacement.
Fred Thiel joined private equity firm Triton Pacific Capital Partners as managing partner. He will head up the new software and IT investment group. Mr. Thiel was CEO of GameSpy Industries, an online media firm that was acquired by IGN Entertainment, now a division of News Corp.
James R. Mathews joined investment management and banking firm Evercore Partners as senior managing director and co-head of its private equity group, said Chuck Dohrenwend, Evercore spokesman. It's a new position. Mr. Mathews was a general partner at private equity firm Welsh, Carson, Anderson & Stowe; Jonathan Rather, CFO and general partner, did not return calls by press time seeking information on a replacement.