Fri, Apr 25, 2014
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Industry Updates

Man Group expands North American business, makes four hires in sales and marketing team

Tuesday, September 14, 2010
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)


Man is an asset management firm dedicated solely to alternative investments. Man provides its clients with access to multi-manager solutions and single manager hedge funds. Man’s funds under management as of June 30, 2010 was $38.5 billion. Man was founded in 1783. Today, Man Group plc is listed on the London Stock Exchange and is a member of the FTSE 100 Index with a market capitalization of around $5.7 billion.Man Group is a member of the Dow Jones Sustainability World Index and the FTSE4Good Index. Man also supports many awards, charities and initiatives around the world, including sponsorship of the Man Booker literary prizes. Further information can be found at www.mangroupplc.com


Bg

What do you think?

   Use "anonymous" as my name    |   Alert me via email on new comments   |   
Banner
Today's Exclusives Today's Other Voices More Exclusives
Previous Opalesque Exclusives                                  
More Other Voices
Previous Other Voices                                               
Access Alternative Market Briefing
  • Top Forwarded
  • Top Tracked
  • Top Searched
  1. Opalesque Exclusive: Rainwater and Blue Sky - an Australian water fund emerges[more]

    Bailey McCann, Opalesque New York: Financial reporters often tout new funds and investments as uncorrelated investments, but few can say they are uncorrelated to everything but weather. Enter Blue Sky Alternative's water fund which invests in the permanent rights to Australia's water. Sev

  2. Regulatory – Expect greater SEC scrutiny of hedge funds that share information or collaborate in advance of their trades, Alternative funds to get SEC test for leverage, liquidity[more]

    Expect greater SEC scrutiny of hedge funds that share information or collaborate in advance of their trades From Thelawyer.com: A recent Wall Street Journal article — ‘Activist investors often leak their plans to a favoured few’ — focused attention on ‘activist’ investors and stock analy

  3. …And Finally – This week's least competent criminal is Austrian[more]

    From ABCnews.go.com: A German sought by authorities for alleged fraud has been arrested in Austria — after dropping into a police station to ask officers whether he was under investigation. Police in Salzburg said the 59-year-old man walked into a police station in the city on Friday night. Sp

  4. Investing – Hedge funds find pitfalls along with profits in real estate ventures, Marcato Capital Management makes new bet on Dillard’s[more]

    Hedge funds find pitfalls along with profits in real estate ventures From Law360.com: Hedge funds have joined the rush to real estate deals and development in recent months to close the financing gap left by tightening bank standards, but attorneys say many aren't prepared for the disclo

  5. Agecroft Partners estimates 90% of hedge funds using social media[more]

    The use of social media has increased significantly within the hedge fund industry over the past couple of years. Social media is broadly used by investors as part of their due diligence process on hedge funds, by service providers in their sales efforts to hedge funds, and by hedge funds to enhance