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Deals & People January 19, 2011
Russell Appoints New Director of Alternative Investments
Russell Investments has appointed Darren Spencer as director,
alternative investments in its Americas Institutional consulting group.
Reported by PLANADVISER staff
Spencer will be responsible for directing the development and implementation of alternative investment strategies for Russell’s consulting clients in North America. Previously, he worked as a director for a boutique hedge fund of fund provider in the U.S. and as global head of alternative investments for Aon Investment Consulting. He will be based in Russell’s New York office.
A press release said Spencer was chief architect of Aon’s alternative investment research process and also a primary consultant on alternative investing for Aon’s North American consulting clients.
Russell now has regional consulting alternative directors in the Americas, EMEA, Australasia and Japan/Northeast Asia. According to the announcement, over the course of a multi-year hiring effort, Russell will continue to bolster its resources and capabilities across the full range of alternative investments, including hedge funds, private equity, real estate, commodities, infrastructure and other higher-alpha strategies.