Michael Ho, a senior managing director at State Street Global Advisors, was named chief investment officer of alternatives at SSgA, spokesman Brendan Paul said.
The position is new. Mr. Ho will oversee a team that will manage hedge fund strategies. SSgA's alternative assets under management totaled $140 billion as of March 31. He will report to Rick Lacaille, executive vice president and global CIO.
Mr. Ho was CIO of active emerging markets equities and global macro at SSgA. Ted Gekas, CIO and global head of active quantitative equity, will assume his responsibilities in this role.