Cinctive Capital Management Hires Michael Haddad as Deputy CIO
Haddad was previously interim CIO overseeing the New York City Retirement Systems’ $248 billion portfolio.
Haddad was previously interim CIO overseeing the New York City Retirement Systems’ $248 billion portfolio.
He was most recently head of investment management at private banking firm Brown Shipley.
CIO Kåre Hahn Michelsen has been promoted to succeed Søren Kolbye Sørensen as head of the $21.5 billion fund.
Caroline Lovelace succeeds the company’s founder, Floyd Tyler Jr., who passed away in January.
His co-head of investment and wealth strategies, Beata Kirr, leaves to join private investing firm The Copia Group.
Ohio and Texas pension funds were among investors who lost millions as a result of James Velissaris’ fraud.
Daniel Booth will oversee the $442.6 billion pension fund’s private equity, real assets and private debt.
A case study on internal CIO succession, with Carol Tusch replacing Bob Hunkeler at International Paper.