People moves

Latest appointments within the hedge fund and related industries.

Banc of America Securities-Merrill Lynch Research has hired William Bird as a managing director and senior analyst covering the advertising, marketing and information services sectors. He will be based in New York and will report to Michael Rietbrock, deputy director of the equity research unit. Bird joins from Steinberg Asset Management where he was a senior equity research analyst for two years. He will partner with Sara Gubins, business services/education analyst, and Jim Kissane, computer services analyst, in providing comprehensive coverage of the broad Business Services investment universe to our clients.

Loli Wu has been appointed managing director and head of Americas transport and infrastructure investment banking at Bank of America Merrill Lynch. Wu, who will begin in October, will be based in New York and report to John Pratt, global head of aerospace and defence, autos, capital goods and transportation corporate and investment banking. Wu will be responsible for leading transactions in the transport and infrastructure sectors, including shipping, railroads, ports, trucking, logistics and airlines.
In a separate move the bank has appointed Christopher Bae and Thomas Gillie as managing directors and co-heads of global foreign exchange options. They will also join the company in October and report to Chris Vogel, head of G10 currency trading. Bae joins from Goldman Sachs where he worked for 10 years, most recently as managing director in the equity derivatives trading group. Gillie, with more than 14 years of experience in options trading, joins from Credit Suisse where he worked for more than 10 years.
The bank has also announced that Benjamin Perkins will join as managing director of life sciences investment banking. He will be based in San Francisco, reporting to Charles Ditkoff, managing director and head of Americas healthcare corporate and investment banking. Perkins was recently managing director and head of life sciences investment banking for Pacific Growth Equities in San Francisco.

Fred Alger & Company, parent company of asset management Fred Alger Management, has hired Ted Kosinski and Michael Stoppiello as vice president, regional marketing managers for Alger. Previously Kosinski was a vice president, regional manager with AllianceBernstein Investments covering Wisconsin. Stoppiello has five years of financial services experience, most recently as regional vice president for RiverSource Investments. Fred Alger Management manages over $10 billion. Alger's investment strategies are available to institutional investors through separate accounts and to retail investors through Alger mutual funds and separately managed accounts. Fred Alger & Company, a broker-dealer and the parent company of Fred Alger Management offers mutual funds as well as institutional funds for defined benefit and defined contribution plans.

Boston-based investment management company Ironwood Investment Management has a new investment management team to complement its existing research and portfolio management capabilities. Portfolio managers Paul Weisman and Regina Wiedenski, each with over 20 years of investment management experience and veteran investment analysts, Joseph Bozoyan, Andrew Hurvitz and Alessandro Vianello, have joined and will manage Ironwood's VIP strategies. The team worked together at the former JL Kaplan Associates where they managed assets for corporations, pension plans, endowments and high net worth individuals using value investment strategies across market capitalisations.

Walkers has added to its staff in British Virgin Islands (BVI) law with the relocation of partner Jack Boldarin to Europe based in Walkers' Jersey (Channel Islands) office. Boldarin has headed Walkers' corporate and finance department in the BVI for the past three years and is admitted as a solicitor both in the BVI and the Cayman Islands.

Specialist investment boutique Newscape Capital Group has appointed Paul Molere as a board director and head of European institutions. He joins from Credit Agricole Asset Management in Paris where he was head of institutional business.

New York-based global macro hedge fund manager Combinatorics Capital has named Robert Jenkins as CEO and managing partner. Since 1998 Jenkins has headed F&C Asset Management, one of the oldest global money managers, first as CEO and then as chairman,

Global Solutions has appointed Arun Sarwal as chief executive of its investment management solutions business. Sarwal has been advising the company on its strategy since September 2008. DST Global Solutions re-launched in May 2009 into three business divisions: investment management solutions, business process solutions and customer lifecycle management.

GLG Partners has appointed Javier Velasquez as head of European industrial investments and Carl Esprey and Tim Medland as co-heads of European basic resources investments within the GLG European Long/Short Fund. All three are currently senior portfolio managers within the European Long/Short Fund and will continue to report directly to Pierre Lagrange who has managed the fund since its inception. They have taken over these specific sector roles from Robert Donald who will be leaving GLG in the autumn.
In a separate move the company has appointed Nick Judge as an asset manager in the UK team. Working in the UK equities division headed by John White and Jason Mackay, Judge will be part of the team responsible for the management of GLG's range of UK funds. He joins from Merrill Lynch where he was a managing director in its equities division.

Alternative investment management business Global Fund Exchange has hired A Michael D'Arpino as director of business development, a new position. D'Arpino joins from Clinton Group.

Ogier has appointed Marina Kozlova as a member of its global Russia and CIS practice. She joins from Harney Westwood & Riegels' British Virgin Islands office where she focused on the Russian and CIS markets. She will work closely with Ray Wearmouth who she follows to Ogier from Harneys. Wearmouth heads the corporate and finance practices in Ogier's BVI office and joined Ogier earlier in the year from Harneys where he had led the same practices.

Northern Trust has appointed Teresa Parker as CEO of the Asia-Pacific region, replacing Gregg Behrens, who will retire on November 30. Parker comes from Northern Trust's London office.
In a separate move the company has appointed Lesley Hodgson to the newly created position of head of wealth management in the Channel Islands. Hodgson will oversee all of Northern Trust's wealth management clients serviced in the region. She reports to Aïda Molineux, head of Northern Trust's wealth management group in Europe, Middle East and Africa who based in London. Hodgson joined Northern Trust in 1995 as a portfolio manager and has worked in a number of client servicing leadership positions.

Fried Frank, Harris, Shriver & Jacobson has announced today that seven lawyers have been elected to the firm's partnership. From September 1, the new partners are Lisa Bebchick, Shahzeb Lari, Beth McClain, Jeffrey Ross, David Selden, William Thum and Edward Ughetta. Bebchick, an attorney in the litigation department in the New York office, focuses her practice on all aspects of civil and criminal litigation matters in federal and state courts and at the trial and appellate levels.
Lari, an attorney in the litigation department in the New York office, primarily focuses his practice on the litigation of corporate and commercial disputes, with an emphasis on securities and shareholder litigations, corporate governance matters, and other complex business disputes. McClain, an attorney in the litigation department in the Washington, DC office, focuses on health care fraud and regulatory compliance matters.
Ross, an attorney in the executive compensation & employee benefits department in the New York office, has experience with a range of benefits and compensation matters and the numerous federal and state laws that govern the field. Selden, an attorney in the corporate department in the New York office, works on a variety of asset management and securities law matters with an emphasis on private investment vehicles including hedge funds, private equity funds, real estate funds and funds-of-funds.
Thum, an attorney in the corporate department in the New York office, concentrates his work on matters involving derivatives and has extensive experience in tailoring derivatives documentation across fixed income and equity derivatives products including prime brokerage. Ughetta, an attorney in the corporate department in the New York office, concentrates his practice in the asset management and private equity groups, where he represents private equity sponsor groups in their fund-raising and investment programs, as well as the representation of institutional investors in their private equity and venture capital investment programme.

MF Global, an intermediary offering customised solutions in global cash, derivatives and related markets, has expanded its fixed income group in New York and London. Some of the new members of the team in New York include MacDonald (Mac) Budd as head of cash trading joined by Mark Gannon and Michael Marsallo (both joining from UBS); Rich Bryant has joined the team as a long bond trader from Citigroup Global Markets.
Brett Benza has joined as head of interest rate sales team with Heather Tarrant and Jim Levenson also joining. All have come from the interest rate sales team at UBS.
Michael Wieczorek has joined as the head of finance and short-term trading. Previously he was a managing director at Nomura Securities. Matthew Troy also has joined this team to oversee the Securities Lending business. Previously Troy was at Merrill Lynch & Co.
James McHugh has joined as the head of credit trading and sales with Paul Gallagher as part of the team. Both were previously at RBC Capital Markets. Scott Princer and Joe Scellato have joined the credit team from Jeffries & Co. Fran LaMantia has joined the Fixed income team to run the emerging markets business. Previously, he served as managing director at Cambridge International Securities. Bartholomew Pan-Kita also has joined the emerging markets team from Deutsche Bank.
Kristi DeBriyn has joined the ABS/MBS sales and trading team from Merrill Lynch & Co together with Frank Bruzese from Banc of America Securities.
In London MF Global has extended the government trading and sales team with Andrew Sacre as a short-end and money market products trader. He joins from Dresdner Bank. Andreas Gianopolis has joined as the head of US Treasury trading from Nomura International Chris Sayers has joined as head of European government bond trading from Atom Capitol. David Mudie has joined as the European head of fixed income prime brokerage.
MF Global has also extended the securities finance team with the addition of Jane Robins as head of repo sales. She previously was at UBS. Victoria Foster has joined the team to manage the European stock loan matched book and the client equity financing business. She comes from Morgan Stanley & Co.
James-Scott Wong and Christiane Schuster have joined the fixed income team to head the high yield and distressed loans desk. Wong comes from Calyon London while Schuster previously was at Lehman Brothers International Europe.
In addition MF Global has built an institutional sales team primarily based in Chicago and New York. The group includes Eric Eiers, Darrell McConnell, Mark Psaltis and Kyle Unterseher as senior vice presidents all from UBS Securities.