William Lloyd has joined TCW Group as managing director and head of alternatives marketing and Joseph Quinn joined as senior vice president of alternative marketing, said company spokesman Doug Morris on Thursday.
Both positions are new and will be based in TCW's New York office.
Mr. Lloyd has more than 25 years of experience in financial markets. He joins TCW from VelocityShares where he was a managing director and spent the last five years building the exchange-traded products company. Nick Cherney, Velocity's chief investment officer and co-founder would not say if Mr. Lloyd was replaced.
Mr. Quinn has more than 20 years of experience marketing hedge funds to institutional investors. Prior to joining TCW, he was head of marketing at asset management firm Marinus Capital Advisors. Officials from the company could not be reached by press time for replacement information.