New Hire Roundup: Pascal Named President of Commonfund Capital

Janney adds Knight, Gyure and Gorman; more

New Hires logoThis week in new hires, Commonfund Capital named Donald Pascal president; Paul Knight, Michael Gyure and Michael Gorman joined Janney Capital Markets; Litman Gregory Asset Management welcomed Meredith Shuey Etherington; George Foreman and James Quinn joined Zeigler; and Miles Kirkland joined Truxton Trust.

Also, Christine Carolan moved up at Mercer, Steven Hobbs was named senior portfolio manager for the Private Client Reserve in Minneapolis, Chris Creed joined AFAM Capital, and Richard Brooks was appointed as an external director of Prudential Bank and Trust.

Commonfund Unit Names New President

Commonfund recently announced the promotion of Donald Pascal to president of Commonfund Capital, a wholly owned subsidiary of Commonfund focused on private equity, venture capital and natural resources investing. He succeeds Susan Carter in the position. Carter will retain her role as CEO of Commonfund Capital and retain overall strategic leadership of the group.

Pascal joined in 1998. He previously worked at Victory Ventures, Noel Group and The Prospect Group, all private capital funds organized by Louis Marx Jr. Earlier, he worked at E.M. Warburg Pincus & Co. and Strategic Planning Associates. He has 30 years of direct private capital and multimanager investment experience.

Janney Adds Three Senior Equity Research Professionals

Janney Capital Markets recently announced the hiring of Paul Knight as managing director and senior analyst covering life sciences technology. Additionally, the firm hired Michael Gorman as director and senior analyst covering the REIT sector and Michael Gyure as director and senior analyst, forensic accounting.

Knight brings more than 25 years of equity research experience, including time spent at CLSA, Thomas Weisel Partners and Solomon Brothers. His knowledge of the life sciences industry encompasses the segments of instrumentation, genomics and diagnostics industries.

Gyure joins with over a decade of experience on the sell side as a forensic accounting analyst. He began his career at Arthur Andersen, where he audited public and private companies across a myriad of industries.

Gorman, who has spent more than a decade on the sell side, will be covering the REIT sector. He joins from Cowen & Company where he specialized in retail and healthcare-related REITs. He also spent time at Credit Suisse and Prudential.

New Senior Investment Advisor Joins Litman Gregory Asset Management

Litman Gregory Asset Management announced that Meredith Shuey Etherington has joined the firm as senior investment advisor. She has been providing investment advisory services to individuals, family groups, foundations, and endowments since 2000.

Prior to joining, Etherington served as a portfolio manager with Brown Investment Advisory & Trust. She also previously served as a financial analyst in the private wealth management division of Goldman Sachs.

Foreman, Quinn Join Ziegler

Ziegler has hired George Foreman as a financial advisor in the firm’s recently opened Glen Allen, Va., office, and James (Jay) Quinn as a senior vice president and branch manager of its Greenwood Village, Colo., office.

Foreman served as an advisor for AXA Advisors before joining Ziegler and brings 12 years of industry experience to the Glen Allen office.

Quinn, with more than 25 years of advisory experience, is a CFP who works with high-net-worth clients and specializes in the equity markets.

Truxton Trust Welcomes Miles Kirkland to Wealth Management Team

Truxton Trust announced that it has named Miles Kirkland vice president and portfolio manager in its wealth management services division.

Prior to joining, Kirkland served as principal and portfolio manager for Mastrapasqua Asset Management in Nashville. During his tenure he focused on stock selection and portfolio management for style-based portfolios, including large-cap growth equity, large-cap core equity, small-/mid-cap core equity and equity income.

Mercer appoints Christine Carolan as Investment Director for the West Market

Christine Carolan has been appointed by Mercer Investments as investment director for the west market of the U.S. In this position, she will be a senior member of the firm’s U.S. investments business and will have responsibility for integrated delivery of investment services and solutions to the firm’s current as well as prospective clients.

Previously, Carolan was outsourcing market leader for the Western region. She has 20 years of experience in employee benefits, with a specific expertise in defined contribution plan administration and investments. Prior to joining in 2010, she was a vice president at T. Rowe Price Group and served as a senior sales executive for T. Rowe Price Retirement Plan Services for more than 13 years. Previously, she worked in the defined contribution groups of Barclays Global Investors and Watson Wyatt. She began her career at IBM Corp.

Hobbs Named Senior Portfolio Manager for Minneapolis Private Client Reserve

U.S. Bank Wealth Management announced Tuesday that Steven Hobbs has been appointed senior portfolio manager for The Private Client Reserve of U.S. Bank in Minneapolis.

Hobbs brings more than 25 years of financial services experience in investment management and trusts, working with high-net worth individuals and families and institutional clients. Before joining, he was a senior portfolio manager at U.S. Trust, Bank of America. Prior to that, he served as a portfolio manager for Wells Capital Management.

AFAM Capital Appoints Chris Creed Vice President of Business Development

AFAM Capital announced the appointment of Chris Creed as vice president, business development for the company’s private client group.

A CFP since 2002, Creed has 19 years of experience in the financial services industry. Before joining, he was with Fisher Investments PCG, where he was regional vice president for Louisiana and Mississippi. Until 2006, he was the owner of an independent wealth management practice, Creed Capital Management, through Wachovia Securities Financial Network. From 1994 to 2003, he was an investment representative with Edward Jones.

Richard Brooks Appointed to Prudential Bank & Trust Board of Directors

Richard Brooks has been appointed as an external director of Prudential Bank and Trust, FSB (PB&T), announced John Kalamarides, CEO and chairman of the PB&T board of directors.

Brooks, a professor of law, was appointed to a renewable, one-year term. Currently, he is Leighton Homer Surbeck Professor of Law at Yale Law School. He previously taught law at both Cornell University and Northwestern University. His expertise is in contracts, organizations, culture and law and economics.

Read the July 3 New Hire Roundup at AdvisorOne.

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