Odds & Ends - March 3, 2009
April 3, 2009
*Goldman Sachs Asset Management (GSAM) will be making some changes in the next month. Mark Carhart and Ray Iwanowski, managing directors and co-heads of the firm's Quantitative Investment Strategies (QIS) team are retiring, as well as Giorgio De Santis managing director and co-head of QIS research. Katinka Domotorffy will take over the CIO role for the quant unit and serve as head of QIS, while Bill Fallon will take over as head of macro research and as co-CIO of QIS macro/fixed-income strategies. Kent Daniel will take over as head of equity research and co-CIO of the QIS equity business.
*Hewitt Associates has hired Gavin Tillman as a consultant, where he will focus on asset/liability modeling, derivatives and liability-driven investing (LDI) advice. Prior to joining Hewitt, Tillman worked at HSBC Global Asset Management where he focused on LDI.
*Hilliard Lyons Capital Management has named Tony Roberts as an analyst and William Stewart as president. The firm also hired Jeffrey Krumpelman, Chris Hagedorn and David Byrns, all formerly portfolio managers on Fifth Third Asset Management's dividend growth equity strategy team, to assume the same title. At Fifth Third, Mark Demos and Jon Fisher, portfolio managers on the growth equity team, will replace Hagedorn and Byrns, while a replacement for Roberts is being sought
*Kamil Salame joined private equity firm CVC Capital Partners as a partner and U.S. head of the firm's financial institutions group. Prior to joining CVC, Salame was a partner at DLJ Merchant Banking Partners.
*Maurice Marchesini and Sean Minnihan were hired as managing directors in UBS' financial institutions group. Marchesini joins UBS from Morgan Stanley, while Minnihan was most recently with Bank of America.
*Lenny Mason has left his role as portfolio manager for seven high-yield funds at Symphony Asset Management. His duties will be assumed by Gunther Stein, CIO and portfolio manager at Symphony, and his investment team.
*Samuel Warren has joined NewOak Capital as director of residential mortgage-backed securities structured solutions. Prior to joining NewOak, Warren spent time at Deutsche Bank and Lehman Brothers.
*MassMutual has hired Scott Buffington as national sales manager for its Taft-Hartley market segment and George Sutherland as Southeast region institutional sales manager for the retirement services division. Prior to joining MassMutual, Buffington was a senior VP of Taft-Hartley services at Putnam Investments. Sutherland was previously an institutional retirement services sales manager with Wachovia Retirement Services.
Odds & Ends is a compilation of reported news from a variety of sources. The information in this section is assumed to be reliable, but all information should be confirmed, as IMW does not guarantee its accuracy.
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