Russell Investments hired five employees, three who will become part of its manager research group and two who will join its global alternatives team, confirmed spokesman Matt Burkhard.
Joining the manager research group are Cameron McVie, who will be a senior research analyst focusing on hedge funds, particularly single-strategy credit and event-driven mandates; Brett Deits, senior research analyst, focusing on global private investment fund of funds opportunities, including private equity and real estate; and Wade Millen, research analyst focusing primarily on assessing global third-party hedge funds of funds. They will be based in Tacoma.
Mr. McVie was a director and Mr. Deits was a vice president at BlackRock Alternative Advisors. BlackRock spokeswoman Lauren Trengrove said the company does not comment on replacements or hires.
Mr. Millen was a senior research associate with Wurts & Associates; information about his replacement could not be learned by press time.
Samantha Steele will join Russell’s global alternatives team in the Sydney office, where she will be a senior research analyst focused on real estate and private equity manager research in Asia, Australia and New Zealand.
Tom Richardson will join Russell’s London office as a research analyst on the private real estate team, which is part of the global alternatives team. Mr. Richardson’s primary role will be researching and ranking European real estate funds, Mr. Burkhard said.
Ms. Steele most recently was a senior fund manager with KBC Asset Management, and Mr. Richardson was an investment manager at Cushman & Wakefield. Information on their replacements could not be learned by press time.