The latest appointments around the hedge funds industry and service providers.

Deloitte has established a specialist funds advisory team. The team, led by 40 partners and supported by 500 staff from all disciplines, brings together its expertise across all the major asset classes. The asset classes include securities funds, real estate, infrastructure, private equity and hedge funds. Each of these are facing similar challenges to their business models, governance, cost base, capital structures, remuneration models, risk management and compliance processes. Recently added some senior individuals have been recently added to complement the team. These include Matt Tombs from Merrill Lynch Investment Management, Paul Megson from KPMG, Justin Nuccio from Deloitte US, Ali Kazimi from Ernst & Young, Nick Robinson a former restructuring and distressed fund attorney from offshore law firm Walkers and Andy Martyn from HMRC."

Marco Steeg is to become chief financial officer and chief operating officer of Scoach Switzerland, Zurich, and Scoach Europa, Frankfurt, on September 1. Steeg has held senior finance positions at Deutsche Börse since March 2003.

Activ Financial, a supplier of fully managed low-latency market data solutions, has expanded its market data experts to include Heather Halloran in Chicago to lead sales and business development efforts in the region. She joins from Interactive Data Corporation. Recently Scott Hall, Steve Williams and David Hann were added to the executive team.

TwoFour, provider of treasury, foreign exchange and cash management solutions, has appointed Sherry Isenberg as managing director of North American sales. This is a newly created role. Isenberg has over 15 years experience in the treasury and technology area, most recently with Fiserv Corporation where she was vice president for North American sales and client relationship management.

New York-based special opportunities fund Atalaya Capital Management has expanded its team, adding a marketing and three investment professionals. Josh Ufberg joined as a principal from the special situations group at Goldman Sachs, while Rana Mitra has joined as a senior associate and Alex Wang as an associate have joined the team responsible for the sourcing and purchase of private credit assets. Ashley Fochtman has joined as a vice president and will be working in a business development capacity. Previously, Fochtman worked in hedge fund marketing and at Goldman Sachs as an energy derivatives analyst. Atalaya focuses on the opportunistic purchase of senior secured credit from forced sellers, failed financial institutions and sellers in need of liquidity such as banks, commercial finance companies, and other financial and investment institutions. Atalaya Capital Management is an alternative investment company focused on investing in small and middle market credit opportunities.

Nick Tranter has joined Execution as head of derivatives to lead the development of the company's institutional and hedge fund derivatives business. He will work with Garreth Hodgson, head of European equities and will sit on the company's European management committee. Tranter has nearly 20 years of experience of working in the derivatives markets and has spent the last 18 months at BNP Paribas as pan-European head of equity and derivatives flow sales.

Major changes in the management structure of Elite, the third party division of WAY Fund Managers, will be implemented following the retirement of chief executive David Pook at the end of September. He will be succeeded by former compliance director Andrew Stevens, who steps up to become chief operating officer. Paul Wilcox, chairman and technical director of the WAY Group, will now head WAY Fund Managers, and the senior management team will be completed by Vince Hoare (technical director), David Williams (client relations manager) and Richard Godwin (compliance manager).

Herbert Smith has appointed Graham More, a leading fraud specialist, to its corporate crime practice as a consultant. He was formerly an assistant director at the UK Serious Fraud Office (SFO) where he was in charge of one of the four main operational divisions and a member of the SFO management boards and audit committee.

Insparo Asset Management has appointed James Gore as finance and operations manager. He will work with Jon Laidlow who took up an expanded chief operating officer role in April. Gore will assist Laidlow in meeting Insparo's tax, legal, compliance and regulatory requirements. Gore joins from Gandhara Capital.

Prisma Capital Partners has appointed John Stimpson as one of the managing directors in its marketing group, bringing the senior members of that team to four people. He will focus on business development and consulting relations in the pension community. He joins from UBP Asset Management, a fund of hedge funds, where he did marketing to public sector pension plans and other institutions in the US.

RBC Capital Markets, the corporate and investment banking arm of Royal Bank of Canada, has hired Marc Fleischman as a managing director and head of hedge fund sales, Europe. He joins with 17 years of experience, most recently at Citigroup where he was a managing director.

Redington, the independent consultancy company that advises pension funds and insurance companies, has appointed Jeremy Lee as a vice president in the investment consulting team. Most recently he was with Swiss Re where he was responsible for developing their longevity and risk-transfer products.

Deutsche Bank London has appointed Ryan Burnett to its GPF sales team in Europe, focusing on complex equity prime including equity long/short prime, complex equity prime, converts, loans, illiquid assets, emerging markets prime and committed facilities. He will report to Sean Capstick and Danny Caplan, co heads of the European sales group.

SIX x-clear has opened a representative office in Stockholm and appointed Ann Flodström as head of Nordic region. She will primarily focus on strengthening client relationships and supporting entities involved in clearing. Alongside the existing clearing services provided to the London Stock Exchange (LSE), Nyfix Euromillenium and SIX Swiss Exchange, SIX x-clear is set to implement a series of links for some of the most prominent multilateral trading systems and regulated exchanges including Chi-X, BATS, Nasdaq Europe, Liquidnet, Turquoise, Equiduct and Secfinex.

Tim Steer is to take over the Artemis mandate for the Skandia UK Strategic Best Ideas fund from John Wood. The move reunites Steer who relinquished the UKSBI mandate when he resigned from New Star in March. The manager change for UKSBI follows news that Cazenove's Neil Pegrum has been appointed to run a mandate for UKSBI bringing the overall number of managers up from eight to nine.

Veritas Asset Management has appointed Farouk Abillama as senior sales manager to further bolster its distribution. He will focus on raising assets for the group's Real Return range of hedge funds. He joins from Dresdner Kleinwort where he was vice president, capital introduction working for the hedge funds solutions group.

KNEIP, a service provider to the investment fund industry, it has opened an office in London. This is the first in a series of openings with additional offices planned in Germany, France and Hong Kong over the next 12 months. The UK office will be headed by Paul Poletti-Gadd who joined the company earlier this year.