There were some high profile hires and delayed reappearances in the European financial services market last week. Rothschild, 3A, and BarCap were active hirers.
KKR looks to Hollick, Rothschild plunders French treasury
Kohlberg Kravis Roberts (KKR), the US private equity house, appointed Lord Hollick, the former chief executive of United Business Media, as a managing director. KKR has invested 2.3 billion of equity in Europe and is looking to build its presence in the UK media sector.
François Perol, a senior French civil servant, and Sylvain Hefes, a Goldman Sachs partner, joined Rothschild. Perol joins as a general partner in Paris following a career at the French treasury. Hefes will have a broad advisory role, including helping Rothschild expand its activities in Europe and the US. He was with Rothschild for 13 years before leaving for Goldman in 1989.
Keller and Somerville resurface
Jean Keller, a former managing director at Lombard Odier Darier Hentsch, emerged as 3A Alternative Asset Advisors, a Geneva-based fund of hedge fund manager. Keller left Lombard Odier Darier Hentsch in December. At 3A he replaces Tony Morrongiello, who is leaving to set up his own company.
Simon Somerville, the former head of global equities at Cazenove Fund Management, resurfaced at Jupiter Asset Management, where he will be responsible for coordinating marketing across the group. Somerville left Cazenove last September.
Fund management: hiring and promotions
Rich Ricci, chief operating officer of (COO) Barclays Global Investors, was promoted to chief operating officer at Barclays Capital, Barclays' investment banking arm. Ricci fills the gap left by Paul Idzik, who became COO of Barclays Group last December.
T. Rowe Price, the US fund manager, poached Philip Garcia, head of UK Investment consulting at Towers Perrin, to be vice president in its client servicing team. Towers Perrin has begun looking for a replacement.
Janus Capital Management, the Denver-based fund management firm, named Marco Grassi as sales director for Italy. Grassi was co-head of institutional sales for Milan-based ING Investment Management Italia. He will focus on expanding the firm's institutional Italian client base and help develop distribution channels for 16 Janus funds authorised for distribution in Italy.
Goeztpartners hires Archambault, Kaupthing adds Hawkes
Goetzpartners Corporate Finance hired Hugues Archambault from Pall Mall Capital, a rival corporate finance boutique. Archambault, who will be based in Paris, is the firm's tenth Paris-based corporate finance executive. He specialises in advising telecoms, media and technology companies.
Kaupthing Bank hired Martin Hawkes from Bank of Scotland to build and run a syndication and distribution desk for leveraged loans. The Nordic investment bank is building up in London; Hawkes' appointment follows three new hires this year, and one earlier this year.