Sun, Aug 28, 2016
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   |   
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. Strategies - The 'Holy Grail' hedge fund strategy to handle a black swan the size of World War I, Hedge funds get more pushback on terms as enthusiasm for strategy wanes[more]

    The 'Holy Grail' hedge fund strategy to handle a black swan the size of World War I From IBTImes.co.uk: To illustrate a strategic gap common to today's portfolio managers, George Sokoloff, PhD, founder and CIO at Carmot Capital, proposes an interesting thought experiment – a breakdown of

  2. Institutional investors - Investors set to increase allocation to private debt, With investment income key, Richmond retirement system faces funding challenges[more]

    Investors set to increase allocation to private debt Investors are set to increase their allocation to private debt, with 60% revealing they believe the private debt market will grow over the next 12 months, according to a new study by Elian, a leading funds services provider. 41%

  3. Investing - Hedge funds snap up banks, unload Apple, Some of hedge funds' favorite stocks are finally starting to beat the market, Einhorn's Greenlight shifts positions, Treasury yield climbs to two-month high as Fischer joins hawks, 9 stocks smart investors put their money in last quarter[more]

    Hedge funds snap up banks, unload Apple From Barrons.com: Prominent hedge funds have a newfound love of big banks, and some have a distaste for shares of Apple, regulatory filings released last week show. The filings suggest that the funds have been pivoting their portfolios in recent mon

  4. Chesapeake energy seeks $1 billion loan to refinance debt[more]

    From Bloomberg.com: Chesapeake Energy Corp. is seeking a $1 billion loan as the company battered by cratering fuel prices and credit downgrades takes a step to address its $9 billion debt load. The natural gas producer hired Goldman Sachs Group Inc., Citigroup Inc. and Mitsubishi UFJ Financial Group

  5. Institutions - Nordic pension funds magnify focus on unlisted and direct investing, building up teams[more]

    From IPE.com: As bond yields remain at low or negative levels, pension funds and other institutional investors in the Nordic region are stepping up efforts to find higher returns by adding more unlisted investments to portfolios and are expanding in-house teams in order to do this, according to new