FINalternatives- Hedge fund seeder Capital Z Asset Management has hired a Bear Stearns veteran to head up its marketing effort and support its portfolio funds.

James Marrone was named a partner and chief marketing officer at New York-based CZAM. Marrone joins after a decade at Bear Stearns Asset Management, where he led corporate institutional sales. Prior to joining BSAM, Marrone was director of marketing at Capital Management Associates.

“Jim’s appointment underscores out commitment not only to our currently sponsored hedge funds and those that we intend to sponsor, but also to our institutional investors who are interested in seeding the next wave of hedge fund managers,” Christianna Wood, CEO of CZAM, said. “Jim is a respected industry veteran with broad sales and marketing experience of alternative products.”

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Reuters- Meeting long-term funding obligations can be the stuff of nightmares but that’s what hedge fund industry veteran Philip Duff says his new firm can do to help pension funds, endowments and insurers tackle.

For years, Duff has warned these organizations could soon run out of money and has urged them to find a fresh approach.

Now he is offering help through Duff Capital Advisors, his four-month-old company that offers not only hedge funds but products that could set actuaries’ hearts racing. For example, its risk analysis models can help insurers calculate ways to hedge mortality risk and help clients select appropriate types of investments.

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