Len Oremland was named managing director, head of distribution and client engagement at Xponance, confirmed McCullough “Mac” Williams III, president and chief operating officer, in an email.
It is a new position.
Mr. Oremland will join the emerging money manager’s management committee and lead the firm's sales, consultant relations, client service, marketing and public relations practices. He will manage the firm's five-person sales and client service team and report directly to Xponance founder, CEO and CIO Tina Byles Williams, and Mr. Williams.
Mr. Oremland was managing director, head of global consultant relations at OFI Global Asset Management. Jeaneen Terrio, a spokeswoman for Invesco, which acquired the firm in 2019, said OFI Global AM no longer exists and he will not be replaced.
Xponance has about $12 billion in assets under management.