SEI Investments has hired Barry O'Rourke as managing director of its Dublin-based fund accounting, fund administration and shareholder services business.

Prior to joining SEI, O'Rourke was the director and head of alternative fund administration for HSBC, where he was responsible for setting up the alternative investments division in Dublin. Prior to joining HSBC, he was employed at the Bank of Bermuda, based in Luxembourg.

"We are delighted to welcome Barry to our global fund services business. His experience within the Irish fund administration industry will prove invaluable in his new role as managing director, and we are confident that under his leadership, the business will continue to grow significantly," said Steve Meyer, head of SEI's investment management services. "We aim to provide our clients with a foundation of quality fund accounting and administration services, allowing them to focus on managing and growing their business. We have experienced considerable success in Dublin over the last 10 years and look forward to having Barry share in our continued success."

Touchstone Investments Hires Three Wholesalers

Touchstone Investments has announced that Jason R Fohr, Jason D. Dills and Thomas H. Benton have joined the company as external wholesalers.

Fohr will cover the southern U.S., including Alabama, Arkansas, Mississippi, Tennessee and Louisiana. Dills will be covering New Jersey and the eastern part of Pennsylvania. Benton will take care of southern California, Arizona, New Mexico and Utah.

Prior to his hire, Fohr was a financial business consultant for Allstate Financial Services. He worked with clients to identify needs for investments, insurance and other financial products. Before that he was regional vice president at USAllianz.

Dills comes to Touchstone from Federated Investors, where he was also a wholesaler and covered Arizona, Colorado, Hawaii, Nevada and New Mexico. Before that, he was a sales assistant at Morgan Stanley.

Prior to his hire, Benton worked at State Street Research & Management/BlackRock Investments, where he was a regional wholesaler and a vice president. Prior to that, he was a regional sales specialist at Pioneer Investments.

"We are excited to add such quality professionals to the Touchstone team," said Jim Grifo, president of Touchstone Investments. "Touchstone's continued growth necessitates the kind of mutual fund expertise and regional expertise that Jason, Jason and Thomas possess. We look forward to helping them build and strengthen relationships in each of their geographic regions."

Bear Stearns Securities Recruits Nicholas Burnham

Bear Stearns Securities has hired Nicholas Burnham in the London office of its global securities lending and prime brokerage group as a senior managing director, responsible for developing relationships with global hedge fund clients.

Prior to his hire, Burnham was manager of the portfolio finance team at Citadel Investment Group. Before that, he was a key member of the equity finance groups of both Natwest and Bankers Trust.

"Nick adds a new dimension to our client service offering, which will enable us to continue the growth of our equity financing capabilities," said Pat Cestaro III, senior managing director and head of global securities lending. "His experience and knowledge will complement the efforts of our global securities lending team led by Managing Directors Marie Connors and John Jones. This is yet another signal to the market that we are dedicated to offering a world-class international product."

(c) 2005 Money Management Executive and SourceMedia, Inc. All Rights Reserved.

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