Opalesque Industry Update - Man, one of the world’s largest listed hedge fund companies, announced today that the firm has made four new hires to the North American Sales & Marketing team. Man allocates approximately $9 billion to U.S. based hedge funds and has 120 full-time employees in North America. “We are committed to significantly ramping up our U.S. institutional and private client businesses,” said John Barbo, Head of Man’s Private Client and Financial Intermediary Business based in New York. “These appointments underscore Man’s continuing commitment to delivering top-quality client service and developing strong partnerships with our clients”. Three of these new roles will focus exclusively on further developing Man’s relationships with the major private banks. They are based in Chicago, Atlanta and Los Angeles. The fourth position is in Man’s U.S. Marketing and Communications team based in New York. “Man continues to deepen its North American footprint”, said Mr. Barbo. “By expanding our relationship coverage to the West Coast and the South and adding to our bench strength in the Northeast and the Midwest, we will be able to bring local, consultative, client service to our investors.” Jim Wing has joined Man’s Private Client team covering the Mid-west and is based in Chicago. Mr. Wing joins Man from Morgan Stanley where since 2008 he exclusively sold alternative investment products through excellent consultative relationships with top financial advisors. Mr. Wing brings over 23 years of industry experience including 13 years at Northern Trust in Chicago, most recently as Head of the Advisor Consulting Group. Andreas Saucedo has joined Man’s Private Client team covering the West Coast and is based in Los Angeles. Mr. Saucedo joins Man from Meridian Capital Partners where he was Director of Global Intermediary Sales. Previously Andreas held senior alternatives sales positions at UBS and Merrill Lynch. Andreas also worked in financial advisory roles at Lehman Brothers and Dean Witter. Mr. Saucedo has over 15 years of industry experience. George Kushner has joined Man’s Private Client team covering the Southeast and is based in Atlanta. Mr. Kushner joins from The Permal Group where he was a Business Development Executive. Previously George worked in Merrill Lynch’s Hedge Fund Development & Management Group, first in fixed income sales and then as an Alternative Investments Specialists. George has over 12 years industry experience and began his career in institutional fixed income sales on Wall Street. Jim, Andreas and George will report to John Barbo, Head of Man’s U.S. Private Client and Financial Intermediary business. Carly Turkus has also joined Man’s Marketing & Communications team and is based in New York. Ms. Turkus joins from Welch Capital Partners, LLC where since 2008 she was the firm’s investor relations/ client service and marketing representative. Previously Carly worked in sales and marketing roles in New York and California, including at Davis Securities, LLC. Carly has over five years of industry experience and reports to Mandi Kristufek, Vice President Marketing & Strategic Planning. (press release)
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Industry Updates
Man Group expands North American business, makes four hires in sales and marketing team
Tuesday, September 14, 2010
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