David Polen, Fidessa Group’s head of U.S. business development has transitioned to the firm’s execution side and was named global head of electronic execution. Polen, a market pro with upwards of 15 years experience, is responsible for delivering managed solutions that addresses the evolving electronic marketplace. Furthermore, he is charged with assisting brokers present global execution solutions to their own clients more effectively and cost-efficiently. He reports to Mark Ames, global head of sellside services for Fidessa.
If you’ve gotten a new job or promotion, let us know at onthemove@sourcemedia.com
The Institute of Trading and Portfolio Management has hired former hedge fund manager and proprietary trader Jason McDonald as a senior trading mentor. McDonald, a 17-year veteran of the hedge4 fund industry, started his career at BZW as a research analyst within the Japanese warrants business to managing the firm’s Pan European equities trading book. He then went on to CSFB’s internal Hedge Fund Modal Capital and then set-up and ran the special situation risk arbitrage fund for the MAKO Volatility Hedge Fund. He also did a stints at Commerzbank as a senior proprietary trader for its global multi-strategy Euro proprietary portfolio, at Lehman Brothers and Toronto Dominion (TD) Bank.
The Curex Group Board of Directors today announced that James Singleton has been named chairman and chief executive officer of the New York- based institutional foreign exchange technology, execution, and index data company. He succeeds William JP Dale. Singleton, 30-year financial services and private equity veteran, had been Curex Group’s vice chairman with responsibilities for finance and strategy since its formation in 2009. Prior, ha was a managing partner at Pillar Capital LP for six years and before that was co-chairman and president at the Cypress Group for almost 12 years. He started his career at Lehman Brothers.
Joel Kugler joined Creative Financial Group of New Jersey, a subsidiary of MetLife, as a financial services representative. Kugler, a 25 year sales trading vet, spent the last year and a half at Wallachbeth Capital. Prior to that, he was a managing director in institutional options and equities sales at Meridian Equity Partners for upwards of three years. Earlier, he was a director at Israel A. Englander & Co where he traded options and focused on risk arbitrage for a year. Kugler will be working from the Creative’s Wall Township, N.J. office.
Law firm Alston & Bird hired Brett Jaffe as a partner in its litigation & trial practice group. He has particular expertise in the representation of hedge funds, private equity funds (and their portfolio companies), venture capital funds, broker-dealers and investment advisory firms. Prior to Alston, he worked for 10 years at Cohen & Gresser LLP, as a litigator and before at Fried, Frank, Harris, Shriver & Jacobson LLP. He also has served as a vice president at Ramius LLC, a multi-strategy hedge fund, where he was responsible for negotiating and structuring PIPE financing transactions and participated in the management of the fund’s investment portfolio.
