Sat, Apr 18, 2015
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Industry Updates

Man Group announces Lance Donenberg and Jordan Allen as Co-COOs

Thursday, June 16, 2011
Opalesque Industry Update - Man Group has announced the appointment of Lance Donenberg and Jordan Allen as Co-Chief Operating officers of Man’s US business. Messrs Donenberg and Allen report directly to Emmanuel Roman, Chief Operating Officer of Man Group.

“Expanding our US business is a core part of our strategy going forward,” said Mr. Roman. “We are excited to have in place a team we believe can effect this growth.”

Mr. Donenberg, who is currently Chief Operating Officer of GLG Inc., focuses primarily on sales, business development and key distribution relationships working closely with Raffaele Costa, Managing Director and Head of Sales for North America and Europe1. Mr. Allen, who most recently served as Chief Operating Officer of Ore Hill Partners, a Man subsidiary, oversees US business operations and also serves as Chief Financial Officer.

Separately, Man announces the appointment of Tim Gullickson as Managing Director in the Client Advisory Group, where he will promote the full range of Man's products and services to Midwest-based institutions and public funds nationally. Mr. Gullickson is based in Man’s Chicago office and reports to Mr. Costa. Before joining Man, Mr. Gullickson was Managing Director and Head of Business Development at Stark Investments, where he marketed hedge funds to North American institutional investors. His appointment reinforces Man’s dedication to building strategic institutional partnerships in the US market.

“The US market is a key area of growth for Man. It demands sophisticated coverage and unique product solution offerings. We are committed to building on our relationships and reputation in the US and we believe we have the right products, team and infrastructure firmly in place to deliver what US investors are seeking,” said Mr. Costa.

Source

kb

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. Tiger Global falls 2.9% in March, down 5.3% in Q1[more]

    From Reuters.com: Investment firm Tiger Global Management, one of the hedge fund industry's most closely watched players, told clients that its hedge fund lost 5.3 percent during the first quarter, an investor said on Wednesday. Much of the decline came in March when the fund lost 2.9 percent,

  2. It’s not just hedge funds—IMF study finds stability risks from ‘vanilla’ funds[more]

    From MarketWatch.com: Leveraged hedge funds and banklike money-market funds are the parts of the asset-management industry most associated with risks to financial stability. But a report from the International Monetary Fund suggests that “plain-vanilla” mutual funds and exchange-traded funds also ca

  3. Hedge funds gain 2.4% in Q1 driven by currency and commodity markets[more]

    Komfie Manalo, Opalesque Asia: Hedge funds posted positive results last March to conclude a strong first quarter, with performance driven by strong macro trends in currency and commodity markets, complemented by broad-based gains and positioning in event driven, equity hedge and fixed income-b

  4. Hedge funds looking to continue their rally in Q2[more]

    Komfie Manalo, Opalesque Asia: Hedge funds finished the first quarter on a strong note and are looking to continue the rally in the second quarter, said Lyxor Asset Management in its Weekly Brief. The Lyxor Hedge Fund Index is up 0.4% over the week

  5. Hedge funds down -0.17% in March (+1.23%YTD)[more]

    Bailey McCann, Opalesque New York: The hedge fund industry produced an aggregate return of –0.17% in March to end Q1 2015 up 1.23%, compared to the S&P 500 which increased 0.96%, according to the latest data from eVestment. Hedge fund performance returns were mixed in March amid increased equity

 

banner