ON THE MOVE: BNP Paribas AM Promotes Sandro Pierri; Paget MacColl to Blackstone

BNP Paribas appointed Sandro Pierri as CEO of BNP Paribas Asset Management, effective July 1. Based in Paris, Pierri will report to Renaud Dumora, future Deputy COO of BNP Paribas, in charge of the Investment & Protection Services Division of the Group which includes BNP Paribas Asset Management, alongside BNP Paribas Cardif, BNP Paribas Wealth Management and BNP Paribas Real Estate. Pierri has more than 30 years’ experience in the asset management industry.  He joined BNPP AM in 2017 as Head of the Global Client Group.

Blackstone named Paget MacColl as Global Head of Blackstone Alternative Asset Management’s (BAAM) Institutional Client Solutions. MacColl will lead BAAM’s Limited Partner relationships and business development globally, leveraging her nearly 20 years of experience working with investors across alternative investments. MacColl joins from Goldman Sachs Asset Management, where she was co-head of the Americas Institutional Client Business, responsible for leading business strategy and client engagement with institutions across the US, Canada and Latin America.

Old Mission, a global, multi-asset market-making firm, added Joe Mahoney as Head of US ETF Sales. Mahoney will help further scale the rapidly growing direct-to-institutional customer ETF business. Mahoney brings nearly 20 years’ experience in the ETF industry. He joins Old Mission from Jane Street, where he served in a leadership role within its ETF Sales and Trading group. 

Neuravest, a provider of AI-based services for the buy side, hired JP Gravitt as Head of Data and Strategy. Gravitt will spearhead the opening and staffing of Neuravest’s New York City office. He is a Wall Street veteran with a background of fundamental stock analysis as well as the utilization of alternative and other types of data. Prior to joining Neuravest, Gravitt was most recently Director of Research at alternative data provider 7Park Data, where he worked on solutions combining a fundamental investing approach with data analysis.  

Coalition Greenwich, a provider of data, analytics and insights to the financial services industry, hired Stephen Bruel as a Senior Analyst on its Market Structure & Technology team. Bruel will head the Derivatives and FX Practices, with an added focus on market infrastructure. A 25-year financial services veteran, Bruel joins from Brown Brothers Harriman, where he was Vice President and head of Derivatives Product Management. Prior to BBH, he was a research director in TowerGroup’s Securities and Investment practice,

UBS appointed Michael Baldinger as Chief Sustainability Officer. Baldinger is a financial services veteran of almost 35 years, including more than a decade as an investor in sustainability. Before joining UBS in 2016 as Head of Sustainable and Impact Investing for UBS Asset Management, Michael was the CEO of RobecoSAM, the sustainability specialist firm. As Chief Sustainability Officer, he will be responsible for setting and driving implementation of the strategy and will provide oversight for all SI-related projects and activities.

LPS Partners added Shawn McLoughlin to its Advisory Board. McLoughlin has over 30 years’ experience in financial services, most recently serving as the CEO, Americas of BGC Financial. Prior to BGC, Shawn was CEO of Ticonderoga Securities and earlier served as CEO of the Americas for Collins Stewart Inc. Shawn will be consulting with LPS Partners and management on expansion ideas as well as targeting potential acquisition opportunities.