Goldman Sachs Asset Management (GSAM) – As the firm continues to bolster its fixed income and liquidity solutions expertise, GSAM has announced several organisational changes.
Simon Dangoor, head of fixed income macro, will assume an expanded leadership role as deputy CIO of fixed income. In this capacity, he will continue to oversee fixed income macro strategies, while additionally focusing on further enhancing the firm’s broader investment processes.
GSAM has also appointed three new managing directors on its global credit team
John McClain has joined as co-head of high yield and bank loans, alongside Aakash Thombre. Together, McClain and Thombre will lead GSAM’s high yield and bank loans investment teams globally. McClain joins from Brandywine Global Investment Management, where he most recently led the corporate credit, high yield and global high yield strategies. He brings more than 18 years of experience as a senior portfolio manager, trader, and analyst to his new role.
Alex Karam has joined as head of bank loans and a portfolio manager, where he will focus on leading portfolio management for GSAM’s levered loan strategies. He brings more than 20 years of experience to his new role at the firm, joining from Fidelity Investments, where he most recently was a portfolio manager of high yield credit funds.
Niels Schuehle has joined as a systematic quantitative credit portfolio manager, focusing on both investment grade and high yield credit. He brings more than 15 years of experience to his new role and joins from AllianceBernstein, where he most recently served as a senior quantitative researcher and systematic portfolio manager.
Isio – The UK-based consultancy has appointed Gareth Roberts as chief financial officer.
Roberts will take charge of overseeing the organisation’s financial operations, with a particular focus on “driving commercial excellence to advance the firm’s strategic objectives”, Isio stated. He will play a key role in enabling the firm to offer comprehensive, long-term solutions in benefits, wealth, and investment for its clients.
Roberts joins from his most recent position as finance director at Howden, the privately owned international insurance broker. Prior to this, he served as group financial controller at Bupa, the global health and insurance business, where he was responsible for all aspects of financial and regulatory reporting.
Aon – Lin Qu has joined the firm as a partner in its Investment team, based in London.
In her new role at Aon, Qu will spearhead the development of Aon’s investment business for insurers and reinsurers, delivering strategic investment advice and innovative solutions. “She will work with clients to unlock the full potential of Aon’s investment platform, providing investment oversight and designing bespoke investment solutions,” the firm stated.
With more than 17 years of experience, spanning insurance, reinsurance and pension fund investment management, Qu has held senior roles at Legal & General, BlackRock and Goldman Sachs Asset Management (formerly ING Investment Management), and has provided strategic consultancy to global industry leaders including Apollo and Macquarie.
Legal & General (L&G) – Ryan Lee has been named as head of liquidity distribution, reinforcing L&G’s commitment to expanding its cash and money market fund capabilities. He will be based in London, working closely with the firm’s liquidity investment team, to support clients seeking multi-currency money market fund exposure.
Lee will oversee the distribution of L&G’s cash and money market fund strategies, targeting a broad range of client audiences across multiple jurisdictions. Reporting to Laura Brown, head of public markets distribution, Lee will lead client coverage for cash investors, offering access to L&G’s Sterling, US Dollar and Euro Money Market Fund range as well as the firm’s short duration expertise. which together account for more than £50bn on assets under management.
With more than 20 years of experience in liquidity management, Lee joins from DWS Group where he was a director for institutional liquidity management UK and Ireland. Prior to DWS, he spent 16 years as executive director, global liquidity sales at Goldman Sachs.
Partners Group – The firm has appointed Nicholas Smith Wang as a partner in its private equity business and co-head of its private equity technology vertical. Smith Wang will be based at Partners Group’s global headquarters in Baar-Zug, Switzerland, and will join the firm later this month.
Smith Wang will co-lead the private equity technology vertical alongside Wolf Scheider, who is also head of private equity at Partners Group. As part of this role, Smith Wang will be responsible for originating, underwriting, and executing new investments, as well as overseeing transformational value creation initiatives within the firm’s portfolio.
Before joining Partners Group, Smith Wang spent 14 years at global private equity firm Warburg Pincus, most recently as a managing director and partner focused on technology investments. He held various investment roles at Warburg Pincus in both New York and London..
Banque de Luxembourg Investments (BLI) – Marc Erpelding has taken over responsibility for the fund management teams at BLI as head of asset management, succeeding Guy Wagner. Wagner will continue in his role as BLI’s CIO and will still manage the BL Global Flexible EUR fund, in addition to other mandates.
In his new role, Erpelding will be responsible for leading, uniting and developing the management teams across all asset classes (equities, bonds, multi-management). After several years as a fund analyst, he joined the equities team in 2007, where he played a key role in developing the management of emerging market equity funds. Erpelding will continue to contribute to the management of these funds, now alongside Raphaël Fürst, an analyst specialising in Asian markets since 2021 at BLI, who will become co-manager.
The Luxembourg-based asset manager has also announced the arrival of Quentin Gaget as chief operating officer, who will act as a key liaison, focusing on collaboration, innovation and data enhancement. After several years as a senior trader, Gaget took over responsibility for the equity desk in 2021 before becoming head of multi-asset trading at Banque de Luxembourg in 2023.
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Source: ipe.com
