Thomas O'Donnell joined The Bornhoft Group as a partner. The new position is part of an expansion of the managed futures specialist's institutional investor marketing efforts, Mr. O'Donnell said.
Mr. O'Donnell also heads the firm's strategic institutional investor management unit and is assisting clients in portfolio construction.
Mr. O'Donnell was most recently first vice president for futures clearing firm Newedge USA's alternative investments group. In the late 1980s, he was a program director of the now-$48 billion Virginia Retirement System, Richmond, where he oversaw the external global equity program. He also had responsibility for the fund's market-neutral strategies and was a pioneer of the use of managed futures in pension portfolios.