New York (HedgeCo.net) – Hedge fund giant Man Group has appointed Lance Donenbergand Jordan Allen as Co-Chief Operating officers of Man’s US business. Donenberg and Allen report directly to Emmanuel Roman, Chief Operating Officer of Man Group.
“Expanding our US business is a core part of our strategy going forward,” said Roman. ”We are excited to have in place a team we believe can effect this growth.”
Donenberg, who is currently Chief Operating Officer of GLG Inc., focuses primarily on sales, business development and key distribution relationships working closely with Raffaele Costa, Managing Director and Head of Sales for North America and Europe. Allen, who most recently served as Chief Operating Officer of hedge fund Ore Hill Partners, a Man subsidiary, oversees US business operations and also serves as Chief Financial Officer.
Man also announced the appointment of Tim Gullickson as Managing Director in the Client Advisory Group, where he will promote the full range of Man’s products and services to Midwest-based institutions and public funds nationally.
Before joining Man, Gullickson was Managing Director and Head of Business Development at Stark Investments, where he marketed hedge funds to North American institutional investors.
“The US market is a key area of growth for Man. It demands sophisticated coverage and unique product solution offerings. We are committed to building on our relationships and reputation in the US and we believe we have the right products, team and infrastructure firmly in place to deliver what US investors are seeking,” said Costa.
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