Scarlett Ungurean joined Boeing Co., Chicago, as senior manager for defined contribution, a new position overseeing $31.5 billion in assets, said spokesman Todd Blecher. She was a senior consultant with Mercer. Doug Kryscio, Midwest zone business leader at Mercer, said the firm hopes to replace her this month and is still accepting applicants for her position. Those interested in the post should contact Mr. Kryscio.
People: Boeing picks Mercer consultant to pilot DC assets
Brian Roberts was named investment officer, private equity, at the $84.8 billion Washington State Investment Board, Olympia, confirmed spokeswoman Liz Mendizabal in an e-mail. He started March 3. Mr. Roberts will monitor the board's existing private equity relationships and perform due diligence on new opportunities globally. He replaced Sam Green, who was named private equity investment officer at the Oregon State Treasurer's Office of Investment, which oversees the $64.9 billion Oregon Public Employees Retirement Fund, both in Salem. Mr. Roberts was director of transition management at Russell Investments. Spokesman Steve Claiborne did not have information about a replacement by press time.
Jacqueline Gillies was named chief pensions officer at the £9.5 billion ($18.8 billion) Strathclyde Pension Fund, Glasgow, effective in April, confirmed Richard McIndoe, head of pensions. She will replace David Crum, who left the fund last year to join Hewitt Associates' public sector investment consulting team.
Ms. Gillies was lead analyst in Martin Currie Investment Management's product analytics group. We are delighted for Jacqueline in her move to a senior role with Strathclyde Pension Scheme and we all wish her every success in the future, Willie Watt, CEO of Martin Currie, wrote in an e-mail response to questions. Martin Currie spokesman Scott White did not have further information about Ms. Gillies' replacement.
Peter Kraus, managing director and global co-head of Goldman Sachs' investment management division, is retiring at the end of March, according to an internal memo from CEO Lloyd Blankfein. Edward Forst, managing director and the other co-head of the investment division, will continue to lead that group, which covers Goldman Sachs Asset Management and the private wealth management business.
Peter was a leader in the development of IMD and, in particular, in the growth of Goldman Sachs Asset Management, bringing that business to a leadership position in the industry, the memo said. This growth is due in part to the repositioning of the private wealth business and sponsorships of new investment initiatives. Mr. Kraus began his career at Goldman in 1986. He was co-head of the financial institutions group until 2001. Mr. Kraus will become a senior director of Goldman when he retires, the memo said.
Ann Spruill, the head of GMO's international active equity division, will leave the firm, effective June 30, said spokesman Tucker Hewes. Ms. Spruill, who also serves as a member of the firm's board of directors and executive committee, is leaving for personal reasons, Mr. Hewes said. Rich Mattione, a GMO partner and international active equity team member, will succeed her as head of the division. Ms. Spruill wasn't immediately available for comment.
Andre Bertolotti was named CIO and director of investment strategies and research at quantitative equity manager Quotient Investors, and William Yost was named director of portfolio management and trading, said Julia Peter-Kerr, director of client service and sales. Messrs. Bertolotti and Yost came from Diam USA, where Mr. Bertolotti was director of investment strategy and research and Mr. Yost was director of portfolio management and trading. At Diam, Masami Sunahara, senior vice president, and Takashi Saito, portfolio manager, will assume the duties of Messrs. Bertolotti and Yost, said Kenji Shimoyama, executive vice president.
Christophe Caspar was named CIO, Asia Pacific, for Russell Investment Group. He will be based in Tokyo and replaces Peter Gunning, who was recently promoted to global CIO and managing director of multimanager investments. Mr. Caspar was CIO, Japan; information on his replacement was not available by press time.
Separately, Symon Parish was promoted to CIO, Australasia. He will be based in Sydney. Mr. Parish was director of portfolio management. Information on his replacement was not available.
Kaveh Alamouti was named senior managing director at Citadel Investment Group, confirmed spokeswoman Katie Spring. It is a new position. Mr. Alamouti will be responsible for a new multistrategy macro investment strategy and will lead a team to develop and launch new alternative strategies at the hedge fund firm. Mr. Alamouti was a portfolio manager at Moore Capital. He has not been replaced, a spokesman said.