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The latest appointments within hedge funds and funds of hedge funds as well as related service industries.

Conyers Dill & Pearman has announced the relocation of corporate attorney Dennis Ryan to the Dubai office. He joins from the Cayman Islands office where he advised on corporate, finance and investment funds matters. The Dubai office was set up in 2006 with a focus on investment funds, private equity, joint ventures, project financings, Islamic finance and Shariah compliant transactions and securitisations. As well as Cayman Islands law, the Dubai office also advises on British Virgin Islands, Bermuda and Mauritius law.

Coast Asset Management, an independent multi-strategy alternative investment company, has appointed hedge fund industry veteran Roy Callahan as a portfolio manager and member of its investment committee. Callahan joins from Stratos Advisers, a southern California-based fund of hedge funds manager. Coast manages over $3 billion in assets for institutional and high-net worth investors worldwide at the end of April 2009.

Deacons Australia will join international legal practice Norton Rose Group. The new international legal practice will be called Norton Rose Group from January 1, 2010. The group will have a turnover of over £420 million and more than 1,800 fee earners in 29 offices worldwide. From January 1, 2010, the group will be led by group chief executive Peter Martyr, the current Norton Rose chief executive, and deputy group chief executive Don Boyd, the current Deacons Australia chief executive partner. Norton Rose chairman Stephen Parish will be the chairman of the group. Deacons Australia will join Norton Rose Group after its arrangements with Deacons Hong Kong come to an end later this year.

WallachBeth Capital, the institutional brokerage specialising in exchange-listed options and exchange traded funds(ETFs), has appointed options industry veteran Stephen Markowitz, most recently senior vice president, equity derivative Sales for global inter-dealer broker Tullett Prebon, as a managing director.

Knight Capital Group has expanded its exchange-traded fund (ETF) capabilities hiring a team led by managing directors Reginald Browne, Eric Lichtenstein and Darren Taube. The ETF team is comprised of a total of 13 sales and trading staff in Jersey City and two in London. Browne, Lichtenstein and Taube join from Newedge USA, where they served as co-heads of the ETF index group. The three will report directly to Greg Voetsch. The ETF team operates from Knight's headquarters in Jersey City.

SunGard has expanded it financial systems operations in India with the appointment of Atul Sareen as managing director for India sales and the addition of new sales and business development staff in Mumbai. SunGard has operated in India since 1993.

FBR Capital Markets Corporation, an investment bank serving the middle market, has announced the promotion of five members of its institutional sales and sales trading teams to managing director. These are Timothy Lilly, managing director and head of institutional sales in Arlington; Michael Derby, managing director, sales trading, New York; Mance Edmondson, - managing director, sales trading, Arlington; Kevin McKenna, managing director, sales trading, New York, and Craig Warwick, managing director, sales trading, New York.

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