Deals & People

Turner Investments appointed Carolyn Patton as global head of client relationships.

Principal Global Investors has agreed to acquire a majority stake in Finisterre Capital LLP and Finisterre Holdings Limited, an emerging markets investor based in London.

Mesirow Financial announced that Susan J. Schmidt has been promoted to managing director and head of its U.S. Value Equity Management group.

MassMutual's Retirement Services Division has hired a new managing director in the southeast region – and says it will add three new sales support roles in the...

Nationwide Financial Services has hired five wholesalers to support advisers in the life insurance, annuities, and retirement plans businesses.

Russell Investments has hired Chris Barlow as a defined contribution specialist for the firm’s U.S. adviser-sold business.

RidgeWorth Investments has hired Robert Zakem as Chief Compliance Officer and General Counsel, and Joseph O'Donnell as Chief Compliance Officer for RidgeWorth Funds.  

Investment management giant PIMCO has expanded its emerging market fixed income team through the hiring of three additional portfolio managers.

Towers Watson announced that Helen Mills has joined the company as an account director for its greater New York metropolitan area.

Russell Investments is expanding its hedge fund team with the addition of Brian Burke as risk management officer and Lance Babbit as senior portfolio manager, hedge funds.

GE Asset Management (GEAM) selected Doug Heckman to be Senior Vice President of Institutional Sales.

Towers Watson announced that Mark Mactas, president and Chief Operating Officer (COO), has decided to retire by the end of calendar year 2011.

Manulife Asset Management announced Chad Gross will be taking on the role of Managing Director, Institutional Sales.

Fidelity Investments has been selected by the University of Oklahoma (OU) as the sole administrative service provider for its 401(a), 457 and 403(b) defined contribution retirement plans.

Sentinel Investments hired Kelli K. Hill as co-manager to the Sentinel Capital Growth, Sentinel Growth Leaders, and Sentinel Sustainable Growth Opportunities Funds effective April 1, 2011.

BB&T has hired John Shope as national sales manager for its Retirement & Institutional Services Division.

Allianz Global Investors Distributors (AGID) announced that Nick Loglisci Jr. has joined the firm as Managing Director in the Defined Contribution (DC) group.

Dmitri Stockton has been named President and CEO of GE Asset Management Incorporated (GEAM).

Mercer has appointed Dallas-based consultant Julie Humphries as the Global Defined Contribution (DC) Consulting Leader.

A newly privatized third-party administrator (TPA) has completed the implementation of a technology platform and administrative business model in its nation-wide network.