Owen Thiers joined Pyramis Global Advisors as a senior vice president and head of European distribution and client service.
The position is new. Kevin Uebelein, the companys president and CEO, said in a telephone interview that Mr. Thiers is the first of several planned hires in London and Hong Kong, as Pyramis moves to better serve the 49% of its clients domiciled outside the U.S.
Previously, Mr. Thiers was head of institutional sales for Citigroup Alternatives Investments, where he led a team that focused on alternative investments for institutional clients. Mr. Uebelein called Mr. Thiers alternatives expertise an added attraction because Pyramis has nine non-leveraged, low-volatility, market-neutral, long-short equity strategies poised to come to market, and others in development.
A Citigroup spokesman wasnt immediately available for comment.