Steve Smith was named head of the $58 billion hedge fund and alternative solutions group at Credit Suisse, confirmed Suzanne Fleming, a spokeswoman. He replaces Ramon Koss, who resigned in mid-December; Mr. Koss could not be reached and information about his plans was not immediately available. Mr. Smith was a relationship manager at Credit Suisse's investment bank. Also, Paul Griffiths was named managing director and head of fixed income for asset management at Credit Suisse, Ms. Fleming confirmed. He will be based in London and will report to David Blumer, chief executive officer of asset management. Mr. Griffiths replaces Dennis Schaney, who will retire after the transition. Mr. Griffiths was global head of fixed income and CEO of AXA Investment Managers' U.K. business. Jean-Pierre Hellebuyck, AXA IM vice chairman, will take over as chairman of fixed income and the firm will search for a U.K. CEO, said spokeswoman Susan Cook.
Katherine Garrett-Cox was appointed chief investment officer at investment trust firm Alliance Trust. Ms. Garrett-Cox is currently CIO at Morley Fund Management and will leave at the end of March. She will replace former Alliance Trust CIO Alan Young, who retired in September, and take on his responsibilities as group executive director at Alliance, which manages £2.8 billion ($5.48 billion) in corporate assets. She will also be responsible for newly launched AT Asset Management, Hong Kong, which manages £70 million for external clients, said Alliance Trust spokeswoman Jane Holligan. Morley appointed Adam Jarvis, currently head of strategy, as interim CIO while the firm recruits a replacement for Ms. Garrett-Cox, said spokeswoman Fiona Baker.
William Smith was named managing director at JPMorgan Worldwide Securities Services and will head worldwide new business development ex-Europe and Asia, for the securities lending and execution products unit, said Pam Snook, spokeswoman. It is a new position. Mr. Smith will report to Paul Wilson, global client and sales executive of that unit. Mr. Smith was a managing director at HSBC Bank USA; HSBC spokeswoman Juanita Gutierrez could not confirm whether he had been replaced.
William Huffman is replacing Barry Sagraves as head of Northern Trust Global Investments' London-based international business, spokeswoman Sara Murshed confirmed. Mr. Huffman is chairman, president and chief executive officer of Northern Trust Global Advisors, the manager-of-managers unit of the firm, and he will retain those responsibilities, Ms. Murshed said. Mr. Sagraves will leave in February. "Given the success, I feel that now is the right time for me to take some time out and plan the next phase of my career," he said in a news release. Further information about his plans was not immediately available.
Steve Monroe was hired as global head of cash management for Barclays Global Investors, confirmed spokesman Lance Berg. Mr. Monroe will be based in San Francisco and report to Mike Williams, head of BGI's global index and markets group. Mr. Monroe replaces Dave LaHorgue, who retired after about 15 years with BGI. Mr. Monroe was managing director, national sales manager, short duration products, for JPMorgan Chase. Brooke Harlow, JPMorgan spokeswoman, was not able to comment on the position at press time.
Marina Lund was named managing director, product specialist, for Tribeca Global Management, the $2.5 billion multistrategy hedge fund of Citigroup Alternative Investments, confirmed spokesman Jon Diat. The position is new. Ms. Lund, who is based in London, reports to Gay Huey Evans, president of Tribeca, and Dean Barr, managing director and head of liquid investments for Citigroup. Ms. Lund was head of distribution at BlueCrest Capital Management; David Browne, spokesman for Man Group, which owns part of BlueCrest, said he was not able to comment on Ms. Lund's position.
Steven Bloom was named senior managing director at hedge fund of funds Silver Creek Capital Management, confirmed spokesman Jonathan Gasthalter. It's a new position. Mr. Bloom will oversee Silver Creek's Early Advantage Fund, a multimanager fund that invests in emerging hedge fund managers. Mr. Bloom will also be a senior member of the firm's investment committee. Mr. Bloom was founder and managing partner of hedge fund Sagamore Hill Capital Management. He was not available to comment on the future of Sagamore.
Teri W. Anderholm was named chief compliance officer at Pioneer Investment Management, confirmed spokeswoman Tara Pescatore. Ms. Anderholm replaces Martin Wolin; Ms. Pescatore declined to comment on Mr. Wolin's plans. Ms. Anderholm is responsible for administering the compliance programs of the firm's $75.3 billion Pioneer Funds and for fund management. She reports to the trustees of the Pioneer Funds and to Dorothy Bourassa, senior vice president and general counsel of Pioneer Investment Management. Ms. Anderholm was vice president/compliance officer for MFS Investment Management. MFS spokesman John Reilly was not available for comment.
Charles G. Berg joined private equity firm Welsh, Carson, Anderson & Stowe as a senior operating executive, said Nathaniel Garnick, spokesman. He was chief executive officer at Oxford Health Plans, a health insurance plan provider.
David Simon was promoted to managing director from principal at private equity firm Littlejohn & Co. LLC, said Chris Tofalli, spokesman. Mr. Simon will continue creating deals and overseeing investments.
Ryan Harkins was named senior analyst and portfolio manager in the small-cap value group at Chartwell Investment Partners, according to a news release. The group is led by Dave Dalrymple, managing partner; no further information could be learned. Mr. Harkins had been vice president and analyst at Credit Suisse, but his position was eliminated as part of a restructuring in August, said Suzanne Fleming, a Credit Suisse spokeswoman.
John A. Maschoff was named managing director, marketing and client service, at large-cap growth equity manager Winslow Capital Management, confirmed Jean Baillon, managing director. It is a new position. He will report to Clark J. Winslow, chief executive officer of the firm, which manages $1.8 billion in assets. Mr. Maschoff was senior vice president, client service and marketing at Peregrine Capital Management, a subsidiary of Wells Fargo. A Peregrine spokeswoman who asked not to be named said the firm is searching for Mr. Maschoff's replacement.
Nicholas Keen was named sales director for F&C Alternative Investments, part of F&C's business specializing in the management of single-strategy hedge funds, confirmed spokesman Sergei Cristo. It is a new position. Mr. Keen will report to Alex Ingham Clark, director of marketing, alternative investments. Mr. Keen was investment sales executive at Threadneedle Investments. Monina Villaroman, spokeswoman for Threadneedle, was not available for comment at press time.
William McKinzie was named senior vice president, business development, at HSBC Investments (USA), and Lynn Sandt was named vice president, institutional business development-cross-border, confirmed spokeswoman Juanita Gutierrez. The positions are new. Mr. McKinzie and Ms. Sandt both report to Bruce Pflug, managing director and head of institutional business development. Mr. McKinzie joined the institutional sales team. Ms. Sandt is responsible for promotion and support of sales for the institutional investment strategies developed in the U.S. Mr. McKinzie was senior consultant, executive benefits, at Westport Worldwide, the executive benefits arm of risk management and insurance provider Hilb, Rogal and Hamilton. Ms. Sandt was vice president, relationship management, at Credit Suisse; Credit Suisse spokeswoman Suzanne Fleming said she is not being replaced.
Philipp Levy was named senior vice president at Laurus Capital Management, said spokesman Justin Perras. He will be responsible for global marketing and investor relations. He replaces Dennis Pollack, who was promoted to senior managing director of corporate development and business operations. Previously Mr. Levy was managing director at Paulson & Co., a hedge fund, responsible for investor relations in Europe, confirmed Paulson spokesman Armel Leslie. The company plans to replace him.
Hartmut Leser was named head of institutional business for Germany at Aberdeen Asset Management, confirmed Louise Pitcher, Aberdeen spokeswoman. He will report to Michel Alofs, head of business development for Europe excluding the U.K. Mr. Leser had been managing partner at FERI Finance AG, a wealth management company.
Israel Goldowitz was named acting chief counsel of the Pension Benefit Guaranty Corp., replacing Jeffrey B. Cohen, who left Jan. 4. Mr. Cohen joined the law firm Ivins, Phillips & Barker as a partner to lead the firm's employee benefits litigation practice group, according to a news release. Mr. Goldowitz, a PBGC deputy chief counsel, will serve as chief counsel until a permanent successor is named, according to PBGC spokesman Gary Pastorius.
Bradley Smith was promoted to senior vice president and head of Hewitt Associates' U.S. investment consulting practice, said Maurissa Kanter, spokeswoman. He replaces Bob Penter, who left last summer. Mr. Smith was a vice president managing the Southeast region of Hewitt's investment consulting practice in Atlanta; Hewitt is seeking a replacement.
Also, R. Scott Cooprider joined Hewitt Investment Group, a division of Hewitt Associates, as a senior investment consultant, said Hewitt spokeswoman Maurissa Kanter. He replaces Weston Tompkins, who left the firm in July. Mr. Cooprider was a vice president and director of manager research at Holbein Associates. Chief Executive Officer Richard Holbein couldn't be reached immediately for comment.
Thomas L. Elliott III was named chief operating officer, consulting practices, for Mercer Human Resource Consulting, confirmed spokesman Charles Salmans. It is a new position. Mr. Elliott reports to M. Michele Burns, chairman and chief executive officer. Mr. Elliott was president of the global commercial industries business unit at consulting firm Unisys. The position was filled by Howard Barrett, who was previously head of global communications for the U.K. and continental Europe with the firm, spokesman Brian Daly said.
Keith Fleischman joined securities litigation law firm Grant & Eisenhofer as a partner, and Leslie A. Conason joined as senior counsel. Both are new positions. Mr. Fleishman was a partner with Bernstein Liebhard & Lifshitz, another securities litigation law firm; Sandy A. Liebhard, partner, couldn't be reached to ask about how Mr. Fleishman will be replaced. Ms. Conason left her position as assistant counsel overseeing securities litigation for the $115 billion New York City Retirement Systems in 2005 to pursue other business interests, she said in an interview.
Simon Wong was named European head of corporate governance at Barclays Global Investors, confirmed Melissa McVeigh, a spokeswoman. He replaces Marion Collins, who left last year, and will report to Nicolaas Marais, head of active equities. Mr. Wong was a consultant advising clients on corporate governance at McKinsey & Co., confirmed John Cheetham, a spokesman. Mr. Wong has not been replaced, and Mr. Cheetham could not confirm whether the position will be filled.
Steve Niss joined RWD Executive Search as a managing director. He will head the firm's investment management practice, said Robert J. Friedland, founding partner. Mr. Niss was a managing director, specializing in investment management search activities, at executive recruiter Fiderion Financial Group, where his duties will be assumed by others in the investment management practice, said spokeswoman Charlotte Luer.
William P. Stewart, chairman of W.P. Stewart, will resume his position as CEO nearly two years after he relinquished the post, and four of the company's executives will leave the firm, confirmed spokesman Fred Ryan, deputy managing director of investor relations. Interim CEO John Russell will retire immediately but remain on the company's board of directors. Mr. Russell took over the position early last year, after President and CEO Henry Smith retired for health reasons.Leaving the company are Harry Segalas, CIO based in New York; David Altman, director of research in New York; Ebrahim Busheri, director of investments; and Fred Busk, managing director of global marketing. Mr. Ryan declined to provide further details. "After many months of reviewing alternatives, the board of directors concluded that as an investment management business, we need to remain focused on our core mission of managing high-quality growth equity portfolios for our clients," Mr. Stewart said in a news release. In addition, Bob Kahn, portfolio manager and one of the company's founding partners, will be managing more of the firm's $8.1 billion in assets under management. Mr. Ryan was not able to provide further details.
Calamos Asset Management added new duties to three senior executives, said Karen Kane, a spokeswoman. Patrick H. Dudasik, executive vice president, CFO and treasurer, will also be chief operating officer. Philip E. "Phipps" Moriarty II, senior vice president and national sales manager-intermediary channels, was also named executive vice president and president of Calamos Financial Services, the sole distributor of Calamos mutual funds. James F. Baka, senior vice president and national sales manager-institutional, will also become executive vice president and president of Calamos' new wealth management unit. Ms. Kane said a timetable for launch of the new subsidiary has not been set.
Tadao Takamura was named representative director for Russell Indexes Asia, said Steve Claiborne, spokesman. The position was created last year and staffed internally until Mr. Takamura was hired, said Mr. Claiborne. No information was available about who Mr. Takamura replaced. Based in Russell Investment Group's Tokyo office, Mr. Takamura will help build the index business in the Asia-Pacific region. Russell established Russell Indexes Asia in May to market Russell indexes and related products in the region. Mr. Takamura was director of the FTSE Group in Japan, Tokyo. Meredith Blakemore, FTSE Group spokeswoman, could not be reached for comment by press time.