Eaton Vance Management has formed a cash management unit and has hired a slew of fund executives to help manage its new business.

Eaton Vance Institutional Cash Management Services will provide cash management services to institutional investors in the U.S. and internationally through customized separate accounts. In conjunction with the launch of ICMS, Eaton Vance has hired a team who formerly worked together managing institutional cash management businesses at Dwight Asset Management including John Donohue as Head of Institutional Cash Management Services; Robert Swidey, Risk Manager; Timothy Robey, Portfolio Manager; Jeffrey Boutin, credit analyst and Kevin Zimmerman, Director of Business Development.

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