by Baz Hiralal
London's Impax Asset Management Group plc, a global equity investment manager focused on the resource scarcity and environmental markets, opened a New York office as its U.S. headquarters and hired managing director David Richardson as head of institutional sales and client service for North America.
Richardson joins from Global Energy Investors, where he was a managing partner. Between 1987 and 2009, he worked at Dwight Asset Management as a managing director and head of business development.
In March 2011, the firm set up Impax Asset Management (US) LLC and appointed Ken Locklin as managing director. He was with Clean Energy Group.
Nomura Holdings Inc. appointed Stuart Oakley as global head of Asian non-deliverable forwards and head of foreign exchange cash trading, Asia ex-Japan. He works in Singapore. Oakley was head of Asia emerging markets FX trading at Royal Bank of Scotland Group plc.
Newedge Group made nine appointments to its metals businesses in New York, London and Hong Kong.
In London, Andrew Patterson was appointed senior director, head of metals trading for Europe, the Middle East and Africa. He was most recently head of the floor team on the London Metal Exchange. Andrew Foxley was appointed director, global head of metals e-brokerage . Pengjiang Fu joined the firm as director, metals. Most recently, Fu was head of the China desk at Jefferies Bache in London. Peter Barrowcliff joined as senior director and metals global chief operating officer earlier this year. He worked at Nomura Holdings Inc. and Lehman Brothers Holdings Inc.
Three people joined from Natixis in Asia. Wendy Law is a director, head of sales for Asia; Alan Burr is a director and head of trading for Asia; and Andy Ko joined the metals desk as associate director, trading.
Richard Gower was named acting CEO of soft commodity trading house and supply chain manager Armajaro Trading. He replaced Richard Ryan, who left the firm. Ryan has been CEO since 2007 and has been with the firm since its formation in 1998.
Gower is nonexecutive director of Armajaro Trading and a founding shareholder of Armajaro Group. The firm is looking for a new CEO.
Andrew Shapiro launched energy investment advisory firm Broadscale Group LLC. The firm created a network of power and utility companies, including Duke Energy Corp., General Electric Co., National Grid and other members to be named to invest in and help commercialize new technologies and services offered by growth-stage companies. Broadscale also formed a partnership with private equity fund manager Pegasus Capital Advisors LP to invest in deals that Broadscale identifies.
Shapiro is founder and former CEO of management consultancy GreenOrder. He has worked with GE's leadership since 2004 on its ecomagination initiative. Shapiro also founded GO Ventures, which has invested in cleantech startups, and co-founded the U.S. Partnership for Renewable Energy Finance.
Ben Rogers, a former Goldman, Sachs & Co. investment banker, is partnering with Shapiro to initiate and lead the power and utility network. Rogers also held operating roles at Cinergy (now Duke Energy) and Enron Corp.
On specific transactions, Broadscale will also partner with Daniel Gross, formerly a founding partner at Hudson Clean Energy Partners and principal investor at Goldman Sachs and GE Capital, and with Rosina Giuliante, a former investment professional at Carlyle Group, GE Capital and Goldman.
Hamilton Lane, providing discretionary and nondiscretionary private equity asset management services, partnered with iLevel Solutions, a provider of PE software and reporting solutions. ILevel plans to expand its data collection platform that caters to general partners to benefit limited partners as well. Hamilton Lane chief investment officer Erik Hirsch will join iLevel's board of directors.
Brown Rudnick LLP said Tuvi Keinan joined the firm as a partner in the real estate and restructuring practices in London. He arrived from Morgan Stanley, where he was a managing director and head of European real estate restructuring. Prior to that, Keinan was chief financial officer, responsible for cross jurisdiction related financing, restructurings and hedging. He also acted as the U.K. chief investment officer.
Rimon PC brought in Wade Savoy, a former assistant general counsel of intellectual property at Wal-Mart Stores Inc., as a partner in its New Orleans office. Savoy was the first in-house IP attorney hired by Wal-Mart.
Huron Consulting Group said Brad Dawson joined the firm as a managing director in its life sciences practice. Dawson worked at Quintiles Consulting, where he was the principal and practice leader for research and development process optimization.
Clippings from the next column:
-- Shaun Treacy joins UBS as co-head of the all industries group, focusing on natural resources.
-- Nomura Holdings Inc. hires Sam Catalano as head of metals and mining research, EMEA.
-- Bank of America Merrill Lynch taps Michael Maghini as head of insurance and annuities.
Brown Rudnick LLP said Tuvi Keinan joined the firm as a partner in the real estate and restructuring practices in London.