The week’s top people move headlines in alternative asset management, from public sources and AFI analysis of regulatory filings. (Pro and Executive members can get daily updates here).
Mudrick makes Carlyle hire
Carly Gross has joined Mudrick Capital Management from the Carlyle Group, where she was principal and senior product specialist on the global credit investor relations team.
Starting on 1 March, she is the latest addition to the New York-based distressed credit specialist. Mudrick, which manages $3.4bn, has been expanding its client services team since Tom Bachner, formerly of Bridgewater Associates, joined the firm as President in September.
Man Group replaces chairman
John Cryan, the former chief executive of Deutsche Bank who has been chairman at Man Group since January 2020, has decided to retire from the board later this year.
Anne Wade, who has been non-executive director at Man Group since April 2020, will succeed him as chair of the board. She is currently a non-executive director of Summit Materials Inc. and a partner at Leaders’ Quest. She previously spent 17 years at Capital International.
Laguerre joins Warburg Pincus from pension
Warburg Pincus has appointed Martin Laguerre as a senior advisor from CDPQ, a Canadian pension fund, where he was head of private equity.
He will support the firm in identifying and evaluating new investment opportunities, while leveraging his knowledge of the Canadian markets, according to a statement from the firm.
KKR name private equity heads
Alts giant KKR have named Pete Stavros and Nate Taylor as global co-heads of private equity. They have been co-heads of private equity in the Americas since 2019. The global PE business at KKR has almost doubled in value to $165bn in the past three years.
Tony Davidow joins Franklin Templeton institute
Franklin Templeton has appointed Tony Davidow as senior alternatives investment strategist. He will be responsible for developing and delivering the Franklin Templeton Institute’s insights on the role and use of alternative investments, the firm said.
He has more than 30 years of experience in supporting advisors on best practices in alternative investments from roles with Morgan Stanley, Guggenheim and Schwab.
See all the regulatory changes from this week on the AFI Decision-Makers Tracker