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Gail Le Coz has been named IMMFA'​s first Chief Executive, and the following members were appointed to IMMFA'​s Board: Mark Allen (​Goldman Sachs Asset Management), Greg Brisk (​BNY Mellon Asset Management), and Richard Norval (​RBS). Chris Oulton (​Prime Rate Capital Management) stepped down from IMMFA'​s Board.

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Luminent Capital Management is looking for someone to head the sales and distribution efforts for its new Arrowhead Money Market Fund. Inquiries should be directed to Barry Weiss (barry@​arrowhead-​funds.​com).

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Richard Saperstein, Jerry Klein, Nicholas Cifelli and the dozen members of their team, all formerly with the Bear Stearns division of J. P. Morgan, have launched Treasury Partners, an independent advisory platform offering online money market funds trading and discretionary cash management services.

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Stephen Monroe has joined RBS as Head of Short Term Market Sales, Americas within its Global Banking and Markets (​GBM) division. Monroe is based in Stamford, Conn., and reports to Head of FI Sales, Americas Rich Tang and Global Head of Short Term Market Sales Graham Broyd. Monroe was previously at Barclays Global Investors (​BGI).

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Elliott Goldstein is a new Senior Account Executive at Financial Northeastern Companies, which "works with banks nationwide to originate billions of dollars of brokered CDs annually" according to the company'​s website. Goldstein was formerly with The Reserve.

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