Marshall Wace names US chief
Marshall Wace has named Todd Builione, the global head of private wealth at US giant and investment partner KKR, as head of North America, starting in September.
He replaces Michael Sargent, who has been with the firm since 2004. KKR owns 39.9% of Marshall Wace, after first buying a 24.9% stake in 2015.
CDPQ hires New York head
Caisse de dépôt et placement du Québec (CDPQ), the Canadian pension fund, has hired Yana Watson Kakar to lead its Americas office in New York.
The former former consultant at Dalberg and CEO of the Growth for Good Acquisition Corp SPAC joins as a managing director.
Cinctive appoints Haddad as deputy CIO
Cinctive Capital Management, a multi-manager platform, has named Michael Haddad as deputy CIO, a newly created role. Haddad previously worked for the Bureau of Asset Management for more than six years until July 2022, in the New York City Comptroller’s office responsible for oversight of the $248bn investment portfolio of NYC Retirement Systems.
Macquarie bolsters in private credit
Macquarie Asset Management has named Harlan Cherniak as head of infrastructure debt in the Americas. Gurjit Orjela has been hired as an associate director to focus on high-yield infrastructure debt opportunities in Europe.