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Man Group Adds to North America Sales & Marketing

By Allison Bisbey Colter, IDD Magazine
September 14, 2010
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U.K. hedge-fund giant Man Group PLC said Monday it made four new hires in its North American sales & marketing team.

Man allocates approximately $9 billion of its $38.5 billion of assets under management to U.S. based hedge funds and has 120 full-time employees in North America.

“We are committed to significantly ramping up our U.S. institutional and private client businesses,” said John Barbo, head of Man’s private client and financial intermediary business based in New York. He said the appointments “underscore Man’s continuing commitment to delivering top-quality client service and developing strong partnerships with our clients.”

Three of these new roles will focus on further developing Man’s relationships with the major private banks. Jim Wing, who joins from Morgan Stanley, is based in Chicago; Andreas Saucedo, who joins from Meridian Capital Partners, is based in Atlanta; and George Kuschner, who joins from The Permal Group, is based in Los Angeles.

All three report to Barbo.

The fourth hire, Carly Turkus, joins Man’s U.S. marketing and communications team, based in New York. Turkus was previously with Welch Capital Partners LLC. She reports to Mandi Kristufek, vice president marketing & strategic planning.