Rod Barker was named director and partner at hedge fund manager International Standard Asset Management.
It is a new position. Mr. Barker will be responsible for business development, focusing on the institutional investor market, new product development and the enhancement ISAMs operational capabilities, according to a news release.
Mr. Barker was co-CEO of Renaissance Investment Management, the asset management unit of Moscow-based Renaissance Group. He was replaced by Brian OCallaghan, who has the new title of CEO of RIM-UK, said Quinn Martin, a Renaissance Group spokesman.
Mr. OCallaghan was promoted from his position as RIM-UKs chief operating officer, Mr. Martin said.