This 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.
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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.