Darren Spencer was named director, alternative investments, in Russell Investments’ Americas institutional consulting group, Kate Stouffer, Russell spokeswoman, wrote in an e-mailed response to questions.
The position is new. He is based in New York.
The hiring is part of Russell’s multiyear strategy to bolster its alternative investments capabilities, according to Ms. Stouffer.
Mr. Spencer was a director at boutique hedge fund-of-funds manager Dorchester Capital Advisors.
Mark Zucker, Dorchester’s co-founder and co-chief investment officer, was traveling and could not be reached for information on a replacement by press time.