Taylor Carrington was hired as managing director and head of U.S. distribution for Jupiter Asset Management US, and Tracy Pike was named head of investment oversight, a news release Monday said.
Mr. Carrington and Ms. Pike fill new positions, part of London-based Jupiter Asset Management's recent expansion into the U.S. to serve institutional investors from its North American office in Denver.
Mr. Carrington will lead the firm's sales to U.S.-based asset owners. Initially, he is marketing the global growth strategies of partner NZS Capital to U.S. investors until Jupiter Asset Management receives regulatory approval to offer investment strategies in the U.S.
Jupiter struck a strategic partnership with NZS in December 2019 to become the exclusive distributor of the firm's investment funds.
Mr. Carrington reports to Walter Tonkinson, managing director, distribution, the release said.
Mr. Carrington was director, lead business developer at Allianz Global Investors. Robin Pertusi, an Allianz spokeswoman, said Mr. Carrington's duties were assumed by others on the distribution team in an email.
Ms. Pike is overseeing investment management activities of NZS and Jupiter, subject to regulatory approval. She was head of subadvisory oversight at Charles Schwab Investment Management. Schwab spokeswoman Erin Montgomery said in an email that the firm does not comment on personnel matters.
Mr. Tonkinson said the addition of the new Denver office "represents a key milestone in Jupiter's international growth."
Jupiter Asset Management ran a total of €55.7 billion ($71.9 billion) as of Sept. 30.
