US - J. Hal McMath has been hired by investment house Blackstone Alternative Asset Management (BAAM) as vice president within its manager identification team.
McMath joins from Wilshire Associates where was a manager research analyst. At Wilshire he was a member of the manager research group, where he specialised in conducting due diligence and providing analysis on alternative and traditional fund managers. Before that he worked as a research analyst for the multi-manager hedge fund operation of Martini-Rossi Holdings, in Geneva, Switzerland.
In his new role he will assist Egidio Robertiello, who joined BAAM in July as managing director of the manager identification team.
BAAM invests more than $2.3bn in hedge fund managers through several multi-manager programmes.
By Madhu Kalia
Most respondents in this week's Pensions Buzz do not think businesses should be able suspend AE contributions if in financial distress.
Former BHS owner Dominic Chappell has lost the appeal against his section 72 conviction and sentence for failing to hand over information to The Pensions Regulator (TPR).
This week's top stories include Marsh and McLennan Companies agreeing to buy JLT, and the home secretary calling for AE to be scrapped in a no-deal Brexit scenario.
Lesley Titcomb says the watchdog wants closer interactions with pension funds to spot problems sooner and act before having to use its more stringent powers