People Moves: 361 Capital, Pioneer, TCW, New York Life and More…

In this edition of People Moves:

  • Alexandra Seifert Joins 361 Capital as Senior VP of Marketing
  • United States Commodity Funds Names New CEO
  • Pioneer Investments Hires New Head of Business Development
  • John Kim Elected President of New York Life
  • Yie-Hsin Hung Named CEO of New York Life Investment Management
  • Brian Ford Joins TCW as Senior VP of Institutional Marketing

Alexandra Seifert Joins 361 Capital as Senior VP of Marketing

As the latest in a string of strategic hires designed to bolster its suite of alternative mutual funds, 361 Capital has added Alexandra Seifert and named her Senior Vice President of Marketing for the firm. Ms. Seifert comes to 361 from Janus Capital, where she held senior-level positions in marketing strategy, advisor-practice management, and content strategy.

“The addition of Alexandra enhances and expands our marketing skills and capabilities,” said 361 CEO Tom Florence, in a May 19 press release announcing the hire. “She is a highly respected marketer and strategist in our industry.”

“As marketers we strive for creativity, clarity of message, and growing client relationships,” said Ms. Seifert. “I’m looking forward to taking 361 Capital to the next level.”

United States Commodity Funds Names New CEO

On May 18, the United States Commodity Fund (USCF) announced that John P. Love will replace Nicholas D. Gerber as the firm’s CEO, effective June 1. Mr. Gerber will stay on with the fund as its Chairman of the Board.

“John was an instrumental part of the team when we launched United States Oil Fund (USO) almost 10 years ago, and I’m pleased to promote him to this position,” said Mr. Gerber in a press release announcing Mr. Love’s promotion.

“I am excited for this new opportunity, and am looking forward to expanding our fund offerings,” said Mr. Love. “I have confidence in the team and our ability to continue to drive innovation in the ETF industry.”

USCF also promoted Stuart Crumbaug from Assistant CFO to CFO, effective May 15. He joined the firm earlier this year.

Pioneer Investments Hires New Head of Business Development

On May 19, Pioneer Investments announced the hiring of Henry Ovin as Senior Vice President and Head of Business Development in the United States. In this new role, Mr. Ovin will lead Pioneer’s relationships with its largest intermediary clients in the U.S., as well as managing a team of business development officers and portfolio consultants. He’ll also be responsible for strengthening Pioneer’s existing relationships and fostering new ones.

“One of Pioneer’s most important priorities is to build close relationships with our clients and increase our presence on product platforms and model portfolios,” said Mark Spina, Pioneer’s Executive Vice President and Head of U.S. Intermediary Distribution, in a press release. Mr. Oviin will report to Mr. Spina.

“Henry has significant experience and the ability to build relationships with people at every level of the organization,” Mr. Spina added. “He will be a terrific asset to Pioneer.”

John Kim Elected President of New York Life

As Chief Investment Officer of New York Life, John Y. Kim doubled the size of the firm’s Investments Group. Now Mr. Kim has been promoted to President of New York Life, where he’ll add Insurance and Agency Group responsibilities to his bailiwick, while remaining the company’s CIO. Former President Ted Mathas remains New York Life’s CEO and Chairman of the Board, and Mr. Kim will continue reporting directly to Mr. Mathas.

“By any measure, John Kim has done a remarkable job since joining the company in 2008 to run our investments subsidiary,” said Mr. Mathas. “Since that time, our assets under management have more than doubled to $540 billion, and third party assets under management have tripled.”

In the same May 20 press release announcing Mr. Kim’s promotion, New York Life also announced that Chris Blunt has returned to the firm to work under Mr. Kim. Mr. Blunt was named President of New York Life’s Investments Group, but Mr. Kim will retain primary authority over the unit as well as New York Life’s enterprise-wide technology.

Yie-Hsin Hung Named CEO of New York Life Investment Management

In other New York Life News, the firm announced a new CEO of its Investment Management division just one day after news that CIO John Kim had replaced CEO Ted Mathas as the firm’s President. The new chief executive of New York Life Investment Management (NYLIM) is Yie-Hsin Hung, a previous Co-President of the New York Life subsidiary.

“Since joining us in 2010, Yie-Hsin Hung has done a tremendous job in growing our institutional asset management business, including with our fixed income and alternatives-focused investment boutiques,” said Chris Blunt, who recently became President of New York Life’s Investment Groups, in a May 21 press release. “As head of NYLIM, Yie-Hsin will be able to bring her nearly 30 years of industry experience to the full breadth of the firm’s investment management businesses. In her expanded role, we look forward to Yie-Hsin making many more contributions in the years ahead.”

Brian Ford Joins TCW as Senior VP of Institutional Marketing

On May 26, the TCW Group issued a press release naming Brian Ford its new Senior Vice President of Institutional Marketing. Mr. Ford joined TCW from PIMCO, where he was Vice President of institutional account management. In his new role at TCW, Mr. Ford will manage relationships with institutional clients in the mid-Atlantic region, and report directly to Joe Carieri, TCW’s Head of Institutional Marketing.

“The increasing complexity of financial markets means that today’s institutional investors face more challenges, and also more opportunities, than ever before,” said Mr. Carieri. “Brian brings a depth of experience in a number of asset classes, as well as a strong understanding of the evolving needs of investors. We are very happy to welcome him to our team.”

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