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In the News
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David Ben-Ur appointed CIO of Caxton Alternative Management
Caxton Alternative Management, the new family office set up by Bruce Kovner, founder and chairman of global macro hedge fund manager Caxton Associates, has hired David Ben-Ur as CIO. Mr. Ben-Ur was for eight years co-CIO of Corbin Capital, which manages $2.7 billion in hedge funds of funds. He will remain a partner of Corbin Capital and a strategic advisor to the firm.
Details in P&I Daily January 25, 2012 -
Conning recruits Michael Haylon to lead global product development
Conning, a leading insurance client asset management firm, has hired Michael Haylon to oversee global product development while managing investment strategies reporting to CIO Richard Sega. Sega commented: "Mike's deep expertise in international investment product development and management will help us expand our product suite across all of Conning's offerings and support our global expansion plants."
Details in FundFire January 5, 2012 -
Wells Fargo acquires institutional global equity manager
Wells Fargo will acquire EverKey Global Partners, a boutique global equity institutional manager. EverKey's 11-member staff led by Jeff Everett, former CIO of Templeton Global Advisors, will join Wells' asset management division, expanding the number of investment strategies offered by the firm.
Details in FundFire December 16, 2011 -
T. Rowe Price hires Peter Austin to head LDI solutions
Peter Austin, longtime BNY Mellon veteran who was head of pension services, has joined T. Rowe Price as head of its new fixed income solutions group. Austin initially will focus on enhancing T. Rowe Price's liability-driven solutions business for U.S. pension funds. In a statement Mike Gitlin commented: "Our fixed income solutions group will be working with a broad range of institutional clients to provide customized investment programs and will draw upon the resources of the firm. Peter has the experience and capabilities to make our LDI effort a collaborative one for the benefits of our clients."
Details in FundFire October 7, 2011