NEW YORK (HedgeWorld.com)-Putnam Lovell NBF Securities Inc., a subsidiary of National Bank Financial Inc., one of Canada’s largest full-service investment banks, appointed Evan L. DiPaolo and Nicole L. Biernat as directors of its alternative investments group.
Mr. DiPaolo and Ms Biernat will be responsible for marketing risk and position-transparency services, fund administration and for raising capital for hedge fund managers. Each will report directly to Daniel H. Kochav, the head of the alternative investments group.
Both DiPaolo and Biernat previously were with Derivatives Portfolio Management LLC, Somerset, New Jersey. DPM is an alt-investment administration specialist, which formed a strategic alliance with Putnam Lovell last month Previous HedgeWorld Story. Each of the new directors at Putnam Lovell has served as executive director of sales and marketing at DPM.
Mr. DiPaolo was a vice president at the web-based private equity network Vencast Inc, New York, where he raised capital for hedge funds and private equity funds, before joining DPM in 2002. He graduated from the University of Vermont with a BS in Agricultural Resource Economics.
Ms. Biernat spent six years in the prime brokerage group at Goldman Sachs Group Inc., where she helped manage several of the department’s top client relationships before joining DPM in 2003. She holds a BA from Haverford College, Haverford, Penn., in Neural and Behavioral Psychology.