We’ve enjoyed sharing the intelligence on Movers and Shakers in the financial world with you. If you have any feedback please email us.
Ares Capital Management LLC named Grant Haggard and Brian Moncrief as managing directors to focus on senior and selected subordinated financing opportunities with an emphasis on middle and lower middle market transactions. The move is part of the company’s expansion of its middle market sponsor coverage strategy. Both Haggard and Moncrief have more than 35 years of combined experience in the leveraged finance industry, primarily focused on covering middle and lower middle market private equity firms nationally. Both most recently served as senior members of the business development team at Madison Capital Funding LLC, and they also worked together for eight years at GE Antares Capital. -Business Wire
EIG Global Energy Partners, LLC announced William C. Sonneborn as president. Sonneborn currently serves as senior advisor to KKR & Co. Until October 2013, he was a member of the ultimate general partner of Kohlberg Kravis Roberts & Co. and a member of KKR’s Management Committee. -Business Wire
HSBC Holdings plc named Khalid Elgibaly as new head of retail banking and wealth management for the Middle East and North Africa (MENA) region. Prior to his current role, Elgibaly most recently served as chief executive of Standard Chartered in Pakistan. Elgibaly will be replacing Francesca McDonagh.
HSBC Holdings plc named Brian Ford as a head of payments and cash management in Korea, responsible for managing the local cash management business.
JPMorgan Chase & Co. named John Simmons as head of middle-market commercial banking. Simmons has been the co-head of JPMorgan’s North American financial institutions group. He has more than 20 years of experience advising companies on raising capital, mergers and acquisitions, secured and unsecured financing and risk management. He will succeed Steve Walker.
CBRE Group, Inc. appointed Martin Samworth as the new chief executive officer of its Europe, Middle East and Africa, or EMEA, region. Samworth previously served as managing director, EMEA, where he oversaw operational management of the region.
CBRE Group, Inc. appointed Daniel Queenan the chief executive officer of its Asia Pacific, or APAC, region. Queenan previously served as chief operating officer, APAC, where he shared responsibility for managing the region’s day-to-day operations. In his new role, Queenan will oversee operational management of APAC. Queenan continues to serve as chief executive officer of CBRE’s development services subsidiary, Trammell Crow Company. -Datamonitor NewsWire
Berkshire Communities, a division of Berkshire Property Advisors, appointed Gregory Spezzano as regional vice president of Property Management for the Western Region. He is responsible for direct oversight of all property management, including revenue and expense management, marketing, asset preservation, training, recruiting and supervision of the District Managers, regional support team and site staffs for the Western Region. Prior to joining Berkshire, Spezzano was vice president for Riverstone Residential Group. Prior to 2009, Spezzano served in a variety of roles with Alliance Residential Company including regional director of Business Development, asset manager, development director and regional manager. -Wireless News
Global Hunter Securities, LLC announced Michael Shlisky, CFA, as director and senior industrials analyst in research. Shlisky joins GHS from a bulge bracket Institutional Investor (II)-ranked industrials research team. His focus includes machinery and related sectors such as engineering & construction and agricultural processing. Shlisky was most recently at JP Morgan and was previously at RBC Capital Markets and Oppenheimer.
Global Hunter Securities, LLC announced Scott Isherwood as managing director and head of Industrials Investment Banking. Isherwood has accumulated more than 25 years of experience advising on transactions ranging from M&A and defense advisory to debt and equity capital-raising in both the public and private markets. Prior to joining GHS, he was partner, managing director and head of the Industrials Group at Morgan Joseph TriArtisan. -PR Newswire
Northern Trust Corporation appointed Peter Jordan as head of Global Fund Services in Australia and New Zealand. Jordan, who relocated to Melbourne from London earlier this year, will lead Northern Trust Global Fund Services in Australia and New Zealand, overseeing its asset servicing offerings for investment managers and fund companies. Jordan joined Northern Trust in 1992 and was most recently chief administration officer for Global Fund Services and responsible for Northern Trust’s global institutional client relationships. -Business Wire
Citi Private Bank appointed Oliver Kersh as banker. Prior to Citi, Kersh worked at Morgan Stanley Private Wealth Management for 10 years as an investment advisor covering the financially sophisticated segment of the market. He previously worked at HSBC Investment Bank and the Bank of New York in a relationship management capacity covering institutional clients. -Hedgeweek
GE Real Estate appointed Ellen Brunsberg as president and chief executive of GE Capital Real Estate Europe. Brunsberg was named managing director of GE’s UK platform 12 months ago, having joined the company in 2012 as capital markets leader for GE Capitals EMEA and Real Estate units. Prior to working at GE she spent 17 years at Morgan Stanley in New York and London. She will replace Lennart Sten.
Resource Capital Corp. appointed Eldron C. Blackwell as the company’s vice president and chief accounting officer. Prior to joining the Company, Blackwell was the assistant controller for New Penn Financial, LLC, from March 2013 to March 2014. From September 2001 to March 2013, he was a senior manager in the audit practice of the Grant Thornton LLP. -SEC Form 8k
Deutsche Bank AG announced Evan Goldstein as global head for Renminbi business. Before joining in Deutsche Bank, Evan Goldstein ever served as managing director and head of Product Management for Financial Institutions for Asia at Standard Chartered Bank. -SinoCast
WestPark Capital, Inc. named Brandon Ross and Jonathan Blum as managing directors. Ross and Blum will head up the new Investment Banking/Capital Markets Division located at 415 Madison Avenue with plans to further expand in 2014. -Market Wire
Scott-Macon, Ltd. announced Scott M. Silverman as managing director. Silverman will lead the firm’s investment banking activities in the consumer and retail sectors. Prior to joining Scott-Macon, Silverman was a managing director and head of Consumer and Retail Investment Banking at Westbury Group, LLC, managing director at CDG Group in New York where he led the M&A practice, and a vice president in the Mergers & Acquisitions Group at Credit Suisse First Boston in New York. -Business Wire
Reznick Capital Markets Securities, LLC named Conor McKenna as managing director of the firm. McKenna will also be the head of the firm’s West Coast operations. Conor’s primary responsibilities will include driving RCMS activity in M&A, debt and equity financing, tax equity advisory, buy-and-sell-side advisory and due diligence services. -Business Wire
RCS Capital Corporation announced Andrew G. Backman as managing director – Investor Relations and Public Relations. Backman, a 20-year industry veteran, will be responsible for building a leading Investor Relations and Public Relations platform to support RCAP and its domestic and international strategies. Prior to joining RCAP, Backman served as chief executive officer of InVision Investor Relations Inc. -PR Newswire
Bessemer Trust Company, N.A. appointed Alfonso Baigorri as new managing director and regional director to its Miami office. In his new role, Baigorri will advise wealthy families and individuals who could benefit from the firm’s private wealth management capabilities. Baigorri, who has over 20 years of industry experience, has advised ultra-high-net-worth families on tax minimization strategies and implementation of estate plans for US and foreign status assets. Baigorri has joined Bessemer from JPMorgan Private Bank, where he most recently served as a managing director in the Latin America wealth advisory practice.
Bank of America Corporation named Sarang Gadkari as head of U.S. leveraged finance. -Global Banking News
CBRE Group, Inc. announced Martin Samworth as chief executive officer of its Europe, Middle East and Africa region. Samworth previously served as managing director, EMEA, where he oversaw operational management of the region.
CBRE Group, Inc. announced Daniel Queenan as chief executive officer of its Asia Pacific region. Queenan previously served as chief operating officer, APAC. In his new role, Queenan will oversee operational management of APAC and continues to serve as Chief Executive Officer of CBRE’s development services subsidiary, Trammell Crow Company. -Business Wire
Clear Thinking Group LLC announced A.R. Williams as a managing director. Williams is a senior executive with leadership experience in operations, merchandising, distribution and manufacturing. He brings extensive knowledge of mergers, acquisitions, consolidations, financial analysis and restructuring to his new role. Williams will utilize his expertise and insight to offer actionable solutions for the firm’s clients. Before joining Clear Thinking Group LLC, Williams was a founding partner of Hudson Capital Partners LLC. -PR Newswire
JP Morgan Asset Management, Inc. appointed Stephen Alcorn as new head of its institutional business in Australia. In his new role, Alcorn will be responsible for managing the Australia institutional client advisory team. Alcorn, with 25 years of experience, has joined JP Morgan from Australian Unity Investments. Prior to this, he also served as deputy managing director and head of Institutional at BNY Mellon Asset Management Australia.
The Carlyle Group LP announced Michael J. Cavanagh and Glenn A. Youngkin as co-presidents and co-chief operating officers. In these roles, Cavanagh and Youngkin will help develop and implement Carlyle’s strategic growth initiatives and manage the firm’s global operations on a day-to-day basis.
Cavanagh is currently co-chief executive officer of the Corporate & Investment Bank at JPMorgan Chase & Co. Cavanagh will also join Carlyle’s Executive Group.
Youngkin is a 19-year Carlyle veteran and currently chief operating officer and will add the role of co-president. -Business Wire
Turner Investments, LP appointed Carolyn Patton Piskun as a director of the fund. Patton Piskun (also known professionally as Carolyn Patton) is executive managing director at Turner Investments. Piskun is responsible for developing new investment strategies, growing Turner’s revenue and assets under management, and managing Turner’s Distribution Team. She also works with the company’s portfolio managers to meet clients’ needs, builds and maintains relationships with institutional investors globally, and provides service directly to major clients. She joined Turner in 2011 and has 22 years of investment experience. Prior to joining Turner Investments, Piskun was employed at Janus Capital Group where she was senior vice president, managing director, global head of consultant relations. She is also a regular member of the CFA Institute and the CFA Society of Philadelphia and is on the Board of Directors of the Association of Investment Management Sales Executives. -Regulatory News Service