There was a dearth of U.S. investment banking hires last week, but technology firms and asset managers were still recruiting.
AlternativeSoft, a Swiss registered software company specializing in hedge fund optimization, expanded its U.S. team with the appointment of Steve Gollins as head of business development in American markets. Gollins, who joins from the SAVO Group in Chicago, will remain in Chicago in his new role.
E*TRADE Financial hired Ken Hight from Investment Technology Group as executive vice president, capital markets. Hight, a veteran of the securities industry, will be responsible for managing E*TRADE's institutional equity business.
Asset Management: Northern Trust Reshuffles
Northern Trust reshuffled management in its corporate and institutional services division. Connie L. Lindsey and Kevin J. Rochford, senior vice presidents in the division, assumed management positions: Lindsey will lead the public entities and institutions market segment; Rochford will lead the large corporate market segment.
Probitas Partners, a San Francisco-based provider of alternative investment solutions, added two associates to its project management team. Ellen Antrim was previously healthcare representative for Pfizer Pharmaceuticals and an analyst for Bank of America's corporate finance and syndications teams in San Francisco. Patrick Deem was previously an analyst for Banc of America Securities in the Financial Sponsor Group.
Cantor Continues Expansion
Cantor Fitzgerald further expanded its emissions and gas brokerage last week with the announcement that it hired Cory Eckhardt from Advest, Inc, an investment advisor, as an NOx and SO2 emissions broker. Eckhardt will be responsible for brokering NOx and SO2 emission allowances and emission reduction credits, as well as natural gas and derivative products.