We were shocked and saddened to hear that money market veteran and legend Kevin McBunch passed away recently. (See the Obituary here.) Our deepest condolences to his family and friends and to his team at Wells Fargo and former colleagues at Bank of America.
Kevin Fleming and Sam Owen are no longer with Credit Suisse Securities.
A Prospectus filing for the Vanguard Funds tells us, "Effective immediately, Vanguard is making changes to the portfolio managers of each Fund listed in the table below as a result of an internal realignment of the municipal bond team." It says that John Grimes joins John Carbone as a Portfolio Manager for Vanguard California Municipal Money Market Fund, John Grimes joins Justin Schwartz as a Portfolio Manager for Vanguard Municipal Money Market Fund and John Carbone joins John Grimes as a Portfolio Manager for Vanguard New York Municipal Money Market Fund.
La-Yona Rauls of Mischler Financial Group will be speaking at the Illinois State Treasurer's Diversity in Investments Forum on Thurs., Sept. 21 in Chicago.
Dallas Ebel has joined Ramirez Asset Management as a Managing Director. He was previously with BlackRock and Bank of America.
CAVU Securities is seeking someone for Institutional Sales - Cash Solutions. For more information, contact Sue Ann Cormack.
Shannon Siwinski and Rohit Thapliyal have joined R. Seelaus & Co. Siwinski was formerly with BoA and Thapliyal was formerly with Citigroup. (See the LinkedIn Post here.)
S&P Global is seeking an Funds Rating Associate in New York, Chicago or Colorado to analyze money market and bond funds.
Adam Ackermann, formerly of J.P. Morgan Asset Management and VaultLink, has joined Paxos as Head of Portfolio Management. (See LinkedIn post.)
Jim Sheehan has started a new position as a Repo Salesperson at BBVA. He was formerly with Credit Agricole.
Jim Griffin is a new Principal - Head of Cash Management at KKR. He was formerly with Calastone and Goldman Sachs Asset Management.
Colleen Meehan, Director of Tax-Exempt Money Markets at Dreyfus, is retiring. We wish her all the best!
Amica is seeking a Senior/Lead Fixed Income Analyst based in Lincoln, RI. Click here for details.
Connie Bugbee, a former Editor of IBC/Donoghue and iMoneyNet's publication Money Fund Report passed away recently. Our condolences to her family and former co-workers. (See the Obituary here.)
Eric Souza has joined Capital Advisors Group as a Senior PM. He was formerly at SVB Asset Management. (See the LinkedIn post here.)
Peter Yi, a pioneer of cash segmentation, is no longer with Northern Trust Asset Management.
Michael Morin, formerly at Fidelity, has formed MM Cash Consulting, and Zachary Green is no longer with AB (Alliance Bernstein).
Northern Trust Asset Management is seeking a Senior Associate Relationship Manager, Investments. Click here for details.
A release entitled, "Cash Solutions Team Welcomes Money Markets Maven Sue Ann Cormack," tells us, "CAVU Securities, LLC, a minority and veteran-owned broker dealer firm welcomes Sue Ann Cormack as Managing Director. Sue Ann joins CAVU from Dreyfus Cash Investment Strategies where she was Executive VP and Director of Sales for Dreyfus Cash Solutions, a division of BNY Mellon."