Buy Side Market Update March 2021

Delta has summarised key changes across the Buy Side at Amundi, Fiera Capital, Muzinich & Co and more for March 2021

Public – Global

Fund News

  • Ameriprise Financial, the parent company of Columbia Threadneedle, is in talks with BMO Financial Group to acquire its asset management business in EMEA, adding over USD 124 billion in assets under management
  • Italian asset manager Azimut is to take a 51% stake in Mexican equities-specialist asset manager KAAN Capital, as well as a minority stake in US private equity investor HighPost Capital
  • Fiera Capital has agreed to acquire the Global Equities strategy of AMP Capital, adding over USD 500 million in assets under management, as well a team of 4 led by Simon STEELE, AMP’s London-based Head of Global Equities
  • Goldman Sachs Asset Management has appointed Margaret ANADU, Managing Director, Urban Investment Group, New York, as Global Head of Sustainability and Impact, and Chairwoman of the Urban Investment Group
  • French asset manager iM Global Partners has agreed to purchase Californian asset and wealth manager Litman Gregory

People Moves

  • Herman BRIL, United Nations Joint Staff Pension Fund, Chief Investment Officer & Head of Investment Management, New York, is to join Arabesque Asset Management as Chief Executive Officer, London, in July
  • Jim WIANT, MidOcean Credit Partners, Senior Portfolio Manager, has joined Danish credit asset management firm Capital Four as Chief Executive Officer, USA, New York
  • Chris DIAZ, formerly Janus Henderson, Co-Head of Global Bonds, Denver, Ryan MYERBERG, Amundi, Head of Absolute Return Fixed Income, London, and Cody STILSON, Tifin Group, Portfolio Manager, have joined Brown Advisory’s newly formed global sustainable fixed income team
  • Brian NOLD, Column Park Asset Management, Founding Partner & Chief Investment Officer, has joined Muzinich & Co as a Portfolio Manager, Multi-Asset Credit Portfolios, New York. Muzinich has also hired Eric SCHURE, TD Asset Management, Vice President, Fixed Income Institutional Client Portfolio Management, New York, John COLANTUONI, Jefferies, internet Equity Research Analyst, New York, Lauri LUTSAR, Bardin Hill Investment Partners, Senior Credit Analyst, Leveraged Loans & High Yield Bonds London, and Peter WILD, Coutts, Associate Director, Fixed Income Strategist, London
  • Raj DAVE, Sandell Asset Management, Partner, Senior Managing Director, Head of Torgos Credit Opportunities & Portfolio Manager, New York, has joined Lombard Odier Investment Managers as a Portfolio Manager, with a focus on Special Situations & Event-driven opportunities
  • Janice DAVIES, formerly Abu Dhabi Investment Authority, Portfolio Manager, has joined Lazard Asset Management as a Portfolio Manager, US Small- & Mid-Cap Equities, New York
  • Pankaj NEVATIA, Franklin Templeton Investments, Portfolio Manager & Research Analyst, Global Equities, New York, has left
  • Garth YETTICK, Janus Henderson, Portfolio Manager, Global Equities, is leaving
  • Joseph EBERHARDY, Wells Fargo Asset Management, Portfolio Manager, is leaving

Public – Emerging & Frontier Markets

Fund News

  • BlackRock is to close its BGF Asean Leaders fund after assets under management dropped to less than USD 50 million, from a peak of over USD 250 million in 2019
  • HSBC Asset Management and the IFC have announced the final close of the HSBC Real Economy Green Investment Opportunity GEM Bond Fund, with commitments of USD 538 million
  • JP Morgan Asset Management and Turkish investor Is Asset Management have launched a new renewable energy fund
  • Polar Capital has closed its financials-focused Asian Opportunities fund, managed by John YAKAS, after assets under management fell to below USD 10 million, from a peak of nearly USD 50 million in 2018

People Moves

  • Sophia BOSCH DE HOOD, JP Morgan Asset Management, Portfolio Manager, Brazil & Latin America Equity Strategy, Greenwich, is leaving
  • Mikko KUISMA, FIM Asset Management, Portfolio Manager, Emerging Market Debt, Helsinki, has joined Aktia in a similar position
  • Henry ZHANG, Harvest Global Investments, Fund Manager, Hong Kong, and Faye GAO, Harvest Global Investments, Investment Analyst, Hong Kong, have joined Lombard Odier Investment Managers in Hong Kong. Ashley CHUNG, Schroders, Vice President, Investment Analyst, Greater China TMT, Hong Kong, has also joined with the pair
  • Kelman LI, AB Bernstein, Vice President, Equity Research, Asian Internet, Hong Kong, has joined Cavalry Asset Management as a Senior Analyst, Hong Kong

Public – Europe

Fund News

  • Amundi is in talks with Societe Generale to take over part of its asset management business Lyxor, including over EUR 77 billion in ETF assets and over EUR 47 billion in actively managed assets
  • Claire BOURGEOIS, Head of Asset Management at Credit Mutuel Asset Management, has been appointed Chief Executive at the firm. She will be replaced in her role by Eliana DE ABREU, Head of Fixed Income, who will be replaced in her Fixed Income role by Julien MAIO, Portfolio Manager
  • Credit Suisse has appointed Ulrich KORNER, formerly CEO of UBS Asset Management and Advisor to the Group CEO, as CEO of its Asset Management division, replacing Eric VARVEL, who will focus on his other roles within the group, including as Chairman of the Investment Bank. Filippo RIMA, Head of Equities, has also been appointed as interim Head of Asset Management for Switzerland and EMEA in place of Michael DEGEN, while Alexandre BOUCHARDY, Head of Asset Management Investment Strategy for Switzerland and EMEA, has been appointed as interim Head of Fixed Income, in place of Luc MATHYS
  • Jeremy TOURBOL, formerly H2O Asset Management, Partner, Global Macro, London, has co-founded Monaco-based Global Macro investment firm LIOR Global Partners, alongside Raphael REMOND, formerly State Street, France Chief Executive Officer
  • Mirabaud Asset Management has appointed Nicolas CREMIEUX, Senior Manager, Convertible Bonds, Paris, as Co-Head of Convertible Bonds, alongside Renaud MARTIN

People Moves

  • Hans GEORGESON, formerly Architas Asset Management, Chief Executive Officer, is to join Royal London Asset Management as Chief Executive Officer, replacing Andrew CARTER, who is to leave in June
  • Jean-Jacques DUHOT, H20 Asset Management, Deputy Chief Investment Officer, London, and Gonzague LEGOFF, Investment Manager, Equity & Multi-Asset, London, are leaving
  • Manuel-Yutaro RUBIO, Allfunds Bank, Head of Alternative Investments and Multi-Asset Strategies, London, has joined International Asset Management as a Portfolio Manager and Head of UCITS Research, London
  • Akin AKINLOYE, Cheyne Capital, Partner, Portfolio Manager, Head of Convertible Bonds, London, has left. Annelie FEARON has been named to succeed him as Head of Convertible Bonds.
  • Ulrika HASSELGREN, formerly Danske Bank, Global Head of Sustainability & Impact Investment, Copenhagen, has joined Arabesque Asset Management as a Partner, Head of Nordics & Head of Europe Corporates & Sovereigns, Stockholm
  • Thomas FABRICIUS, Danske Bank, Chief ESG Analyst & Senior Portfolio Manager, Copenhagen, has left to join family office Kirk Kapital as an Investment Director, and will lead sustainable investment efforts at the firm
  • Andy MONIZ, Putnam Investments, Director, Applied Data Science Investments, has joined Acadian Asset Management as Director, Responsible Investing, London, reporting to Ryan TALIAFERRO, Director, Equity Strategies, Boston
  • Holger FREY, Robeco, Senior Portfolio Manager, Zurich, has joined Credit Suisse Asset Management as a Senior Portfolio Manager, Thematic Equities, Zurich, with a focus on the environmental impact fund
  • Joe ROUNCEFIELD, Spinnaker Capital, Investor Relations, has joined Trium Capital as an Investment Specialist, Global Macro Strategies
  • Albert PLOEGH, ING, Senior Analyst, BeNeLux Financials, Amsterdam, has joined NN Investment Partners as Senior Investment Analyst, European Financials, The Hague
  • Guillaume BLAVET, Credit Suisse, Associate, Investment Banking, London, has joined Surveyor Capital as an Associate, Long/Short Equity, London
  • Kyle SHAH, Assistant Vice President, International Equity Sales Trader, London, has left to join Pelham Capital as a Trader
  • Kira-Anna HUPPERTZ, Goldman Sachs, Associate, Equity Research, Medical Technology, London, has joined COMGEST as an Equity Analyst, Paris
  • Petra DAROCZI, Aberdeen Standard Investments, Investment Analyst, Fixed Income ESG, Singapore, has joined COMGEST as an ESG Investment Analyst, Paris
  • Bola OKUNADE, RBC Capital Markets, Associate, Equity Research, European Real Estate, London, has joined KKR in a Global Macro & Asset Allocation role

Private – Global

Fund News

  • BlackRock has raised USD 3 billion for its first private equity secondaries strategy, including a fund of USD 2.4 billion, exceeding its USD 1.5 billion target

People Moves

  • Meghan LEDDY, Deutsche Bank, Vice President, Investment Banking, Financial Sponsors Group, New York, has joined Warburg Pincus as a Vice President, Capital Markets
  • Claire GROVES, Bank of America Merrill Lynch, Associate, Investment Banking, New York, has joined Arbor Investments as an Associate, New York
  • Hannah SABEY, Morgan Stanley, Analyst, Leveraged Finance, New York, has joined Blackstone Credit as an Associate, New York

Private – Emerging & Frontier Markets

People Moves

  • Aneta BIERNAT, Goldman Sachs, Associate, Private Equity, London, has joined Mid Europa Partners as an Investment Executive, Warsaw
  • Michael KYRIAKOPOULOS, Eurobank, Associate, Investment Banking, Athens, has joined SouthBridge Advisors as an Investment Manager, Athens
  • Omar ETEIBA, PwC, Senior Consultant, M&A, Corporate Finance, Dubai, has joined Affirma Capital as an Associate, Private Equity, Dubai
  • Anirudh MITTAL, Rothschild & Co, Associate, Investment Banking, Mumbai, has joined Oaktree Capital Management as an Investment Professional covering Asian markets with a focus on India from Singapore
  • Thibault CHAUDET-FILMONT, Amethis, Senior Analyst, Private Equity, Abidjan, has left to joined the Tony Blair Institute for Global Change as an Investment Associate, Private Sector Development

Private – Europe

Fund News

  • Partners Group has announced that Co-CEO Andre FREI is to step down from his role to take on a new post as Chairman of Sustainability, with Co-CEO David LAYTON taking on the role on a sole basis

People Moves

  • Yasmine ELSHAFEI, Macquarie Capital, Senior Vice President, Green Investment Group, London, has left to join climate change advisory and investment firm Pollination as an Executive Director, London
  • David ELIET, Morgan Stanley, Executive Director, Leveraged Finance, London, has joined Triton Partners in a Debt Financing role
  • Pierre SCHAEFFER, Investcorp, Vice President, Private Equity, London, has joined Ardian as a Senior Investment Manager, Paris
  • George KACHARAVA, Citi, Vice President, Investment Banking, TMT, London, has joined Kismet Capital Group as an Investment Director
  • Manuela FUMAROLA, M&G Investments, Associate, Private Equity, London, has joined Aberdeen Standard Investments as ESG Manager, Private Markets, London
  • Larisa BAGYINKA, Citi, Associate, Investment Banking, Infrastructure, London, has joined Brookfield Asset Management as an Associate, Renewable Power, London
  • Josh GOLDMAN, Centerbridge Partners, Senior Associate, Business Services, Consumer & FinTech, London, has joined CVC Capital Partners as an Investment Executive, London
  • Soufiane ALIATI, Bank of America Merrill Lynch, Associate, Investment Banking, Industrials, London, has joined Hg as an Investment Professional
  • Berk ERCELEBI, Bank of America Merrill Lynch, Associate, Investment Banking, Industrials, London, has joined Castlelake as an Investment Professional, London
  • Mark EKINDE, The Carlyle Group, Real Estate Private Equity, London, has joined KKR in a similar role
  • Ruben MONTET, Deutsche Bank, Associate, Investment Banking, Industrials, London, has joined Investindustrial as an Investment Professional, Generalist Private Equity, London
  • Dhwanit ZAVERI, Goldman Sachs, Associate, Special Situations Group, London, has joined PIMCO as a Vice President, London
  • Valerie KERRES, Goldman Sachs, Associate, Private Equity, London, has joined EQT as an Investment Professional
  • Ayman KHONDKER, Goldman Sachs, Associate, Investment Banking, FIG, London, has joined Sixth Street as an Associate, London
  • Eddy HAMI, Goldman Sachs, Associate, Investment Banking, FIG, London, and Domantas JAGUTIS, JP Morgan, Analyst, Investment Banking, Healthcare, London, have joined Permira as Investment Professionals
  • Maria SAZONOVO-PROKOURAN, Goldman Sachs, Associate, Investment Banking, London, has joined Silver Lake as a Private Equity Associate, London
  • Andreas KALDHUSSAETER, JP Morgan, Associate, Investment Banking, Nordic Corporate Finance, London, has joined Altor Equity Partners as an Associate
  • Arthur MEYRANX, SMBC, Associate, Leveraged Finance, European Origination, London, has joined LGT Capital Partners as an Investment Associate, Private Debt, Paris
  • Thibaut PLOMINSKI, Zaoui & Co, Associate, Investment Banking, London, has joined Apax Partners as a Private Equity Associate, Paris
  • Furkan Saygin SENER, Goldman Sachs, Analyst, Investment Banking, Natural Resources, London, has joined Global Infrastructure Partners as a Private Equity Associate, London
  • Tarik BEN BRAHIM, Lazard, Analyst, Investment Banking, Industrials, London, has joined Providence Equity Partners as an Associate, London

SWFs & Pension Funds

People Moves

  • Amir JEANNERET-GROSJEAN, Perella Weinberg Partners, Analyst, Investment Banking, Restructuring & FIG M&A, London, has joined GIC as an Associate, Private Credit, Direct Investments, London
  • Nicholas SERY, Aksia, Investment Research Analyst, has joined GIC as an Associate, New York
  • Federico BRAGA, UBS, Equity Research Analyst, European Diversified Financials, London, has joined CDP Cassa Depositi e Prestiti as an Equity Analyst in the Chief Investment Office division, Milan

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