T. Rowe Price Group Inc has appointed Doug Greenstein as head of U.S. Institutional Business Development, Americas division, a new position at the firm. Mr. Greenstein will report to Head of Americas for the GIS division, Keith Lewis.
The new CEO of The University of Texas Investment Management Co. , T. Britton “Britt” Harris IV will get paid at least $2 million in his first year. He earns a base salary of $750,000, an equal amount as bonus and $550,000 as a signing bonus. He starts at the beginning of August.
Voya Financial has named Jeffrey Cimini as Senior Vice President, Retirement Product Management, where he takes charge of product management, development, strategy and other retirement business operations.
Elmer Huh has been announced as CIO at M. J. Murdock Charitable Trust after a recruitment process that evaluated more than 100 candidates. He moves from a position as Senior Vice President of Investment Banking and Alternative Asset Managers at Ernst & Young Capital Advisors in New York.
Schroders’ Head of Japanese Equities, Shogo Maeda, has announced his retirement effective March next year. He will be succeeded by Ken Maeda who takes over responsibility of the Japanese Equity team on October 1.
In a range of of senior hires at Northern Trust, Tania Tuxford and David McWilliams, have been appointed as business development managers in Northern Trust’s Sydney and Melbourne offices respectively to drive growth across its asset servicing business. They have also appointed Senior Equity Program Trader, Simon McDonough, to drive expansion of their trading desk capabilities in Sydney.
PGIM has hired Cameron Sinclair as Head of its Institutional Relationship Group responsible for Australia and New Zealand, in a new role created to advise superannuation funds, platforms and other large institutional investors.
Union Investment have appointed Christian Kopf as Head of Fixed Income.
Paul Walker, formerly Technology co-Head at Goldman Sachs Group Inc has joined the board of OpenFin a financial technology company.
Castle Hill Capital Partners has appointed Tim McInerney as a Managing Director and Head of their efforts in raising capital for companies via private placements. He be based in New York, and will focus on opportunities in the healthcare industry.
IBD / Capital Markets
Oppenheimer & Co. Inc. have hired Rita Keskinyan as Managing Director and Head of Consumer Banking. She was recently Managing Director at Rabobank’s New York M&A Advisory Group, as Global Coordinator of Dairy M&A and Head of US Non-Alcoholic Beverages M&A.
Meir Lewis will join Deutsche Bank’s Financial Institutions Group in the Americas, as Managing Director and Head of Insurance Investment Banking. The FIG platform has made four senior hires recently as opposed to their European operations, which have seen a string of high level departures over this same period.
Stephen Smith, ex HSBC, has been appointed as a director in Barclays high-yield syndicate team based in London.
Alison Harding-Jones will join Citi as Head of EMEA M&A and Vice Chairman of EMEA Corporate and Investment Banking, where she will focus on growing M&A market share across the EMEA sectors and countries.
Private Banking / Wealth Management
Janney Montgomery Scott has recruited Jesse G. Parks and Alice S. Royal, two advisers who managed $185 million in client assets, from SA Stone Wealth Management as they open an office in Goldsboro, North Carolina.
Three financial advisers have joined the private client group of Stifel, Nicolaus & Co Inc. Patricia Tippins arrives in the Dallas office as Senior Vice President – Investments. Christopher Barbee joins the Greensboro, North Carolina office in the same position and Andrew Campanella joins as Financial Adviser in Manchester, Vermont.
Private Equity / Direct Investment
Andrew M. Rippy has been hired as a managing director by Baird, in their global investment banking business. He will work on the global technology and services team based in their Portland, Oregon office. Mr. Rippy moves from Pacific Crest Securities where he served as managing director and co-head of infrastructure and software investment banking.
Ken Elefant has been hired by Sorison as MD to lead investment efforts for new venture Sorenson Ventures along with Rob Rueckert, managing director at Sorenson Capital.