GLOBAL - Russell Investments has appointed Darren Spencer as director of global alternative investments in its institutional consulting group.
Based in New York, Spencer will be responsible for directing the development and implementation of alternative investment strategies for Russell's consulting clients in North America.
Previously, Spencer worked as a director for a boutique fund of hedge fund provider in the US. He was also global head of alternative investments for Aon Investment Consulting.
His appointment comes after a year of expansion in consulting and alternative investments for Russell, during which it has added three directors to its global alternatives team. In September the firm hired Egidio Robertiello as managing director of alternative strategies with a focus on hedge funds; Stephan Breban as director of private equity; and Samuel Baughn as director of operational due diligence. Russell now has regional consulting alternative directors in the Americas, EMEA, Australasia and Japan/Northeast Asia.
Russell global head of consulting and advisory services Janine Baldridge said: "Russell will continue to scale up and leverage its alternative expertise on a global scale because we know our institutional clients are looking to alternative investment strategies to help achieve their investment objectives, strengthen their risk management profile and broaden diversification.
"Darren will be a key contributor as Russell advises consulting clients on alternative strategies, bringing in his own expertise and that of the global alternatives team members in research and consulting."
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