Nathanael Benzaken, managing director, was named CEO of alternative investment manager Lyxor Asset Management (U.S.), effective in August 2014.
Now based in Lyxor Asset Management's Paris headquarters, Mr. Benzaken will relocate to New York midyear, said Julie Holweck, a company spokeswoman, in an interview.
Mr. Benzaken will replace Lionel Erdely as CEO of Lyxor's U.S. operations. Mr. Erdely joined Investcorp earlier this year as chief investment officer and head of hedge funds.
Mr. Benzaken is now head of managed account development and deputy head of alternative investments. Ms. Holweck said Lyxor has not decided whether or how Mr. Benzaken's current roles will be filled.
Until Mr. Benzaken assumes his new role, New York-based Lior Segev, managing director and chief operating officer, will remain interim CEO of the firm's U.S. office. Once Mr. Benzaken has moved to the U.S., Mr. Segev will retain his COO duties and add deputy CEO to his responsibilities, Ms. Holweck said. The deputy CEO position is new.