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Movers & shakers: Jan. 21, 2009

by Baz Hiralal  |  Published January 21, 2009 at 12:00 AM

ToddGroomeMovers.pngTodd Groome will join Toronto's Diversified Global Asset Management Corp. as a managing director in charge of business development on Feb. 1.

Groome was an adviser in the monetary and capital markets department of the International Monetary Fund. Before that, Groome was a consultant to Washington hedge fund and merchant bank Hovde Capital Advisors LLC. Previously, he was a managing director and head of the financial institutions groups of Deutsche Bank AG and Credit Suisse Group in London, focusing on debt capital markets and capital and balance sheet management for banks and insurers.

Groome has also worked at Merrill Lynch & Co. in London and New York, and was an attorney at Hogan & Hartson LLP in Washington.


Co-president Michael Singer and chief investment officer Peter Noris are no longer with Ivy Asset Management Corp. Sean Simon becomes sole president and Island Brook Capital LLC's Fred Sloan replaces Noris. Also, Lawrence Morgenthal, formerly managing director at Acorn Partners, was hired as chief operating officer.


Former 20-year Morgan Stanley veteran John Orem joined independent investment bank Miller Buckfire & Co. LLC as a senior adviser. Orem was a corporate and leveraged finance banker at Morgan, where he led its gaming industry corporate finance business.


In London, Carlyle Group hired Ian Jackson as a director of Carlyle Strategic Partners, covering European distressed investments. Jackson was a senior analyst in the European distressed products group at Deutsche Bank AG. He also spent five years in DB's Tokyo office.


European private equity firm Permira Advisers LP tapped Keith Jones as a senior adviser. He advises the new financial services team on the asset and wealth management sectors.

Jones joined Norwich Union Investment Management as chief executive in 1999 and was responsible for the merger of the asset management arms of CGU and Norwich Union, becoming CEO of Morley Fund Management (now Aviva Investors) in 2000.


Hammond, Kennedy, Whitney & Co., a private equity firm specializing in the small end of the middle market, changed its upper management. Glenn Scolnik, formerly president and CEO, will become chairman. He joined the firm in 1993 and will continue to lead the deal transaction team.

Scolnik replaces Ralph Whitney Jr., who became chairman emeritus. Whitney joined HKW in 1971 when it was a private merchant bank and became president and CEO and then chairman.

Jeffrey Wood will become president and CEO. He joined HKW as a partner in May 2006 and has focused on portfolio management. Before HKW, Wood was CEO of First Technology plc, a manufacturing company which was sold in March 2006 to Honeywell Inc. for $718 million.


Dorsey & Whitney LLP brought in Thomas Gallagher as partner in its corporate group in New York. He arrives from Bressler, Amery & Ross PC, where he represented hedge funds, private equity firms and other investment vehicles.

Separately, Kenneth Jorgensen joined the firm as a partner with the trial group in Minneapolis. He resigned as a judge on the Washington County District Court on Jan. 7.


Crowell & Moring LLP named seven attorneys to its partnership: Jennifer Devery, insurance/reinsurance; Richard Holbrook Jr., corporate; Brian Koide and Jonathan Lindsay, intellectual property; Beth Kramer, torts; Amy O'Sullivan, government contracts; and Michael Paddock, healthcare. Lindsay works from Orange County, Calif., while the rest are in Washington.

New counsel include: David Bell, Jennifer Burdman, Clyde Findley, Carrie Fletcher, Jody Goodman, Shawn Johnson, Kerry Malloy, Ann Mason, Matthew McBurney, Jonathan Moskowitz, John Murino, Thomas Simek and Bethany Wimsatt.


Frederick Ufkes joined Hinshaw & Culbertson LLP as a partner in Los Angeles, covering complex litigation, environmental, toxic torts, mass torts and products liability defense. Ufkes was a partner at K&L Gates LLP since 2001.


Sedgwick Detert Moran & Arnold LLP elevated four attorneys to its partnership: London-based Sarah Hills, insurance and reinsurance; San Franciscan Gail Kavanagh, real estate, commercial transactions and litigation; Robert Kum of Los Angeles, environmental, toxic torts and products liability litigation; and New York attorney J. Gregory Lahr, complex commercial disputes, insurance coverage and employment.


Jonathan Berschadsky and Michael McGraw were named partners at Fitzpatrick, Cella, Harper & Scinto in New York. Berschadsky covers litigation and prosecution of patents, while McGraw handles complex pharmaceutical patent litigation.


Arent Fox LLP promoted Leah Eisenberg to a partner in its bankruptcy and financial restructuring practice in New York.

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Tags: Carlyle Group | Deutsche Bank | Diversified Global Asset Management | Ian Jackson | IMF | Ivy Asset Management | John Orem | Michael Singer | Miller Buckfire | Morgan Stanley | Peter Noris | Todd Groome
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