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by Baz Hiralal
JPMorgan Chase & Co.'s Murray McCabe is now a senior partner at Blum Capital Partners, which invests in privately structured investments as well as blocks of publicly traded securities. McCabe will join on Sept. 4 after a 20-year career at JPMorgan, most recently as global head of real estate investment banking. He was previously head of real estate mergers and acquisitions.
Gerald Greenwald and Henry S. Miller were named directors of Ally Financial Inc. by the Department of the Treasury. The Treasury owns 74% of Ally.
Greenwald is a founder of Greenbriar Equity Group LLC, a private equity firm focused on the global transportation sector. From 1994 to 1999, he was chairman and CEO of United Airlines. He was also a managing director of Dillon Read & Co., and president and co-CEO of Olympia & York. He began his career at Ford Motor Co., where he had been controller, director of Ford's operations in Europe, and president of Ford in Venezuela. Later, at Chrysler Corp., Greenwald was corporate controller and chief financial officer before becoming vice chairman.
Miller has been chairman of Marblegate Asset Management LLC since its formation in 2009. He is also co-founder of Miller Buckfire & Co. LLC and was chairman and managing director from 2002 until his retirement in June 2011. He was CEO until 2009. Miller was vice chairman and managing director at Dresdner Kleinwort, where he was head of the financial restructuring group. Prior to that, Miller was a managing director at Salomon Brothers and head of both the restructuring group and transportation industry group. Miller joined Salomon Brothers from Prudential Securities Inc., where he was a managing director, co-head of investment banking, and head of the financial restructuring group. From 1977 to 1986, he worked at Lehman Brothers Holdings Inc., where he was head of the private finance group in corporate finance. -- William McConnell
David Puth was named chief executive of CLS Group Holdings AG and chief executive of CLS Bank International. Most recently, Puth worked at State Street Corp. from 2008 to 2011, where he was executive vice president and head of global markets. He was also on the management committee. Before that, Puth founded Eriska Group, a New York-based risk management consulting organization. He previously spent 19 years at JPMorgan Chase & Co., where he oversaw the foreign exchange, interest rate derivatives, commodities and emerging markets businesses. He was a member of the executive committee. Puth was also was a member of the Foreign Exchange Committee, sponsored by the Federal Reserve Bank of New York, which he chaired from 1999 to 2002.
James Hall, formerly of Isis Equity Partners, joined lower-middle-market private equity firm NorthEdge Capital LLP as a director in Leeds, England. He spent almost eight years at Isis . He previously worked at Royal Bank Development Capital for three years, Bridgepoint Capital Ltd. for two and PricewaterhouseCoopers LLP for eight.
Last week, the LDC spinoff launched a £125 million ($197 million) fund.
RSA Insurance Group plc named Matt Hotson as investor relations director. He will join in September from Cable & Wireless Worldwide plc, where he was responsible for corporate finance and investor relations. Hotson was previously director of investor relations and strategy at Legal & General Group plc, where he worked from 1997 to 2011.
Connecticut Gov. Dannel Malloy announced that hedge fund Bridgewater Associates LP will build a corporate headquarters in Stamford as part of the state's economic development program, the "Next Five." In return for tax breaks and funding, the firm pledged to create between 750 and 1,000 jobs within 10 years, while retaining its current workforce of 1,225 employees.
The $750 million project, expected to be completed in 2017, will be built along the waterfront in the Harbor Point development. Incentives include a $25 million forgivable loan at a rate of 1% for a term of 10 years to be used for construction, a job training grant of up to $5 million, a grant of up to $5 million for the installation of alternative energy systems and up to $80 million in tax credits.
Jackson Lewis LLP, a workplace law firm, named Bryan O'Connor as Seattle office managing partner, succeeding Wayne Hansen, who will remain as a partner after holding the role since 1998.
Clippings from the next column:
-- Hedge fund Brevan Howard co-founder Chris Rokos will leave at the end of the month.
-- Permal Group hires Katie Jupp as institutional business manager.
Jackson Lewis LLP, a workplace law firm, named Bryan O'Connor as Seattle office managing partner.
