Alternative asset manager Duet Group is launching a new emerging European UCITS fund this month and has recruited two former Armajaro Asset Management executives to run it. Michel Danechi and Kalim Aziz are joining Duet as fund manager and research analyst, respectively, on the Duet Emerging European European Fund. The new vehicle is expected later… Continue Reading
Category Archives: Hires & Fires
Torbjorn Caesar Takes Helm At EM Fund Actis Capital
Torbjorn Caesar has been elected senior partner at emerging markets investment manager Actis Capital. Caesar assumed his new role effective yesterday, according to media reports. He succeeds Paul Fletcher, who has become non-executive chairman of the company. “I would like to thank Paul for the tremendous leadership he has provided to Actis over the past… Continue Reading
Jupiter Launches Asian Income Strategy With New Hire
Jupiter Asset Management has hired Jason Pidcock to build an Asian income strategy for the investment firm. Pidcock joins Jupiter from Newton Investment Management, where he is manager of the £4.4 billion Newton Asian Income Fund. He will aid Jupiter in the launch and management of a similar strategy. The appointment will help Jupiter expand… Continue Reading
Rokos Capital Hires Former Brevan Partner Borislav Vladimirov
Former Brevan Howard co-founder Chris Rokos has hired Borislav Vladimirov to help build a new hedge fund, Rokos Capital Management. The new fund is expected to become one of the largest European launches since the financial crisis. Vladimirov, a former partner at Brevan Howard, started working with Rokos last month. According to Bloomberg, he will… Continue Reading
Duet appoints Fugmann and Lees as co-CIOs of natural resources long/short equity fund
Duet Group, a USD5.5 billion global alternative asset manager, has appointed Ulrik Fugmann and Edward Lees has senior managing directors and Co-Chief Investment Officers of Duet Natural Resources. Fugmann and Lees, the founders of North Shore Partners, are integrating their strategy and business into Duet, adding to the group’s strong commodities and emerging market franchise.… Continue Reading
MCAM Group appoints James Han as MD for Asia
Prior to joining MCAM, Han was Group Head of Private Placement Services at KTB Investment & Securities, one of South Korea’s largest independent investment banking and brokerage firms. Before that, he was a founding partner at Straight Wharf Capital Management, an Asian equity long/short hedge fund seeded by Julian Robertson’s Tiger Fund Management. Han’s career… Continue Reading
Marshall Wace has hired Citi’s ex-head of hedge fund trading
The former head of EMEA hedge fund trading at Citigroup, who left the bank to head up Evercore ISI’s European trading business in the summer of last year, has re-emerged at Marshall Wace. Charlie Mansour joined Marshall Wace earlier this month according to filings with the Financial Conduct Authority (FCA) after just five months at… Continue Reading
Morgan Stanley names new CFO
By Andrei Skvarsky. Morgan Stanley has named Jonathan Pruzan, co-head of the bank’s global financial institutions group in investment banking, as chief financial officer to replace Ruth Porat, who has been hired as finance chief by Google, according to various media reports. Continue Reading
Armajaro Commodities PM Tilney Stepping Down
Armajaro Asset Management’s John Tilney is stepping down from the lead manager role of the company’s flagship Armajaro Commodities Fund. Tilney will become an advisor to the fund, according to media reports. His role will be assumed by Armajaro partner and fund co-manager Oliver Denny. Armajaro’s Commodity Fund is down 5.49% year to date, according… Continue Reading
Rothschild Asset Management Names Michael Woods as CEO
Rothschild Asset Management, the US asset management business of the Rothschild Group, has appointed Michael Woods as its new CEO. Woods joins the firm frrom Deutsche Bank, where he was Head of the Americas, Global Client Group for Deutsche Asset & Wealth Management and CEO of DWS Investments. In these roles, he was responsible for… Continue Reading
TPG Capital Names Zubin Irani as Managing Director
TPG Capital has appointed Zubin Irani to managing direct in its operations group in Asia-Pacific. He will relocate to the company’s Singapore office from New Delhi, India. In his new role, Irani will aim to build out the firm’s operations and boost talent management and performance across the firm’s various portfolios, the company said in… Continue Reading
Rokos Hires Goldman's Riley For New Hedge Fund
Former Goldman Sachs co-head of Asia Pacific macro trading, Stuart Riley, has joined Brevan Howard ex-trader Chris Rokos in his new venture, according to media reports. Rokos, who reportedly made $4 billion for Brevan Howard between 2004 and 2012, began setting up his own fund after a legal dispute with Brevan came to an end… Continue Reading
Emerging Capital Partners Appoints Seyi Owodunni to Managing Director
Emerging Capital Partners (ECP), a pan-African private equity firm with seven offices across Africa, appointed Seyi Owodunni as Managing Director of the firm’s Lagos, Nigeria office. According to reports, his new role will be to source and secure investment opportunities and help lead initiations to drive strategic and operational improvements. “As West Africa continues to… Continue Reading
RenCap hires ex-HSBC researcher as frontier markets analyst
By Andrei Skvarsky. Russian investment bank Renaissance Capital has hired Seki Mutukwa, a former senior researcher at HSBC, as a frontier markets analyst. Continue Reading
Russia's RenCap promotes Ilgin Erdogan to chief exec of Turkey office
By Andrei Skvarsky. Renaissance Capital has promoted its head of Turkey research, Ilgin Erdogan, to chief executive of the Russian investment bank’s Turkish office. Continue Reading
Sberbank appoints senior exec as head of unit for clients in engineering sector
By Andrei Skvarsky. Sberbank, Russia’s biggest lender, has appointed one of its senior managers, Vyacheslav Tsybulnikov, as head of its division for clients in the engineering industry. Continue Reading
Sberbank hires CFO, HR chief for investment arm
By Andrei Skvarsky. Sberbank, Russia’s biggest lender, has made two senior appointments for its investment arm Sberbank CIB, hiring Paul Goldfinch from Swiss bank UBS as chief financial officer and Annie Jordan from London-based headhunter Lansdowne International as head of human resources. Continue Reading
RENAISSANCE CAPITAL APPOINTS NEW CO-HEAD OF INVESTMENT BANKING, RUSSIA
Renaissance Capital has appointed Maxim Arefyev as Managing Director, Co-Head of Investment Banking, Russia. Arefyev will lead the origination and execution of M&A, equity and debt capital markets transactions in the Russia & CIS space, across consumer, retail, agriculture and other sectors, alongside Anton Cherny, Co-Head of Investment Banking, Russia. Continue Reading
RenCap gives ex-Deutsche Bank analyst senior job in MENA team
By Andrei Skvarsky. Russia’s Renaissance Capitalhas appointed former Deutsche Bank researcher Ryan Apache as senior banking analyst in its equity research team forthe Middle East and North Africa (MENA). Continue Reading
Sberbank puts Peter Urbanczyk in charge of US investment business
By Andrei Skvarsky. Sberbank has appointed Peter Urbanczyk as chief executive of the US unit of Sberbank CIB, the investment arm of Russia’s biggest lender. Continue Reading
Russian deputy economics minister fired for slamming pension money moratorium
By Andrei Skvarsky. Russian Deputy Economic Development Minister Sergei Belyakov was fired on August 6 after publicly condemning the government’s one-year extension of a moratorium on the investment of assets from non-state pension funds. Continue Reading
VTB Capital appoints new interim CEO
Nick Hutt has been appointed interim CEO of VTB Capital plc. He is a key member of the VTB Capital team and has been working in the London office since 2008 as CFO of the company’s international business. Atanas Bostandjiev will be leaving his current position to pursue other business opportunities. Continue Reading
Ex-finance minister Kudrin becomes head of Moscow Exchange supervisory board
By Andrei Skvarsky. Former Russian Finance Minister Alexei Kudrin has been appointed as chairman of the new supervisory board of Moscow Exchange that was elected at the bourse’s annual general shareholders’ meeting on June 26. Continue Reading
EXCLUSIVE: Russia’s Alfa Bank parts company with COO Denis Soloviev
By Andrei Skvarsky. Denis Soloviev has resigned as chief operating officer of the corporate and investment division of Alfa Bank, one of Russia’s largest privately owned lenders. Continue Reading
RenCap hiring for new Dubai office
By Andrei Skvarsky. Renaissance Capital has made three hires for a new office that the Russian investment bank is due to open in Dubai later this summer, and plans more recruitments for it. Continue Reading
Sberbank hires ING researcher as FX and rates chief strategist
By Andrei Skvarsky. Sberbank has hired Tom Levinson from ING as chief strategist for foreign exchange and rates at Sberbank CIB, the investment arm of Russia’s number-one lender. Continue Reading
Asia Frontier Capital hires analyst for Southeast Asia, Mongolia
By Andrei Skvarsky. Asia Frontier Capital (AFC), a Hong Kong-based fund management company that specialises in investing in Asian frontier markets, has hired Scott Osheroff from Pathfinder Capital Management as a research analyst for Southeast Asia and Mongolia. {{{?}}} Osheroff, who joined AFC on May 1, will be based in Phnom Penh for nine months… Continue Reading
EBRD appoints Managing Director for Eastern Europe and the Caucasus
The European Bank for Reconstruction and Development (EBRD) has appointed, Francis Malige to the new position of Managing Director for Eastern Europe and the Caucasus. {{{?}}} Mr Malige assumed his role 1 May. He is responsible for leading the Bank’s operations in Belarus, Moldova, Ukraine, Armenia, Azerbaijan and Georgia. Initially based in London, he will be relocating to Kiev later in the… Continue Reading
Sberbank hires bankers from Deutsche, J.P. Morgan for M&A unit
By Andrei Skvarsky. Sberbank has hired Igor Ushakov from Deutsche Bank and Vadim Marchuk from J.P. Morgan as mergers and acquisitions (M&A) directors at Sberbank CIB, the investment arm of Russia’s biggest lender. {{{?}}} Ushakov worked in the European industrials and M&A groups at Merrill Lynch prior to his six-year London-based job as a director… Continue Reading