Ireland Strategic Investment Fund, International Investment Funds Association, Castle Harbour Securities, Scope Ratings, Delta Management Consulting
Ireland Strategic Investment Fund – Donal Murphy, former head of project finance at the Bank of Ireland, has joined the National Treasury Management Agency as head of infrastructure and project finance for the new sovereign development fund. Ronan McCabe, until last month senior portfolio construction analyst at Pioneer Investments, has also joined the ISIF.
International Investment Funds Association (IIFA) — Thomas Richter has been appointed deputy chairman of the International Investment Funds Association, at the association’s AGM in Canberra, Australia. Richter is chief executive of the German Investment Funds Association (BVI). Along with Paul Stevens of the Investment Company Institute (ICI), who is the newly-elected chairman of the IIFA for two years, Richter is to focus on a stronger positioning of the investment industry with regard to global regulation initiatives.
Castle Harbour Securities — Damien Regnier is joining Castle Harbour Securities to co-manage new fund Pure Global Convertibles. He previously managed Deutsche Asset & Wealth Management’s (DeAWM) DWS Invest Convertibles fund. Before joining DeAWM in 2010, Regnier was head of long-only convertible bonds at Vega-Chi, having been a convertible bond trader at JP Morgan’s investment bank before that.
Scope Ratings — Karlo Fuchs, Florian Stapf and Annick Poulain Thomas are among six people to be appointed by the rating agency, following the hiring of Torsten Hinrichs two months ago as chief executive of the company. Fuchs has been appointed as head of covered bonds, having been senior director in charge of covered bonds at Standard & Poor’s (S&P) for the past 15 years, while Stapf is to become executive director in charge of the business development of corporates, banks and bank bond ratings in Germany, Austria, Switzerland and Scandinavia. Stapf comes to the company after 14 years at S&P, where he was responsible for client business management and business strategy for companies and financial institutions. Poulain Thomas has been hired to take over Scope Ratings’ analytical review function and has worked at Moody’s for more than 19 years. Carlos Ignacio Terré has been hired within the structured finance team as executive director, following a role as director of structured finance at Fitch Ratings in Madrid. Michael John Mackenzie is to become a London-based executive director, supporting structured finance business development. Before this, he was in charge of structured finance business development for the EEMEA region at DBRS and S&P in London
Delta Management Consulting — Bernd Baur and Peter König have set up new investment consultancy firm in the German institutional market Delta Management Consulting, and are the firm’s founding partners. Each has more than 25 years experience in the asset management industry. Baur’s previous roles include equity portfolio manager at Commerz International Capital Management, chief investment officer at Metzler Investment and COO and head of institutional clients at Union Institutional. König, meanwhile, was previously head of asset allocation and currency management at Commerz International Capital Management, worked in product development at Commerzbank Asset Management as well as having been head of Central Europe at Morgan Stanley Investment Management.