IAM Names Paciullo As Operational Due Diligence Head

May 9 2011 | 8:27am ET

Fund of hedge funds firm International Asset Management (IAM) has appointed Mike Paciullo as global head of operational due diligence based in IAM's New York office. 
 
Paciullo has held senior positions within the operational due diligence field including tenures as vice president and operational due diligence specialist at JP Morgan Alternative Asset Management and director of operational due diligence for DB Advisors Fund of Funds.  Paciullo takes over the role from Mark Faulkenberg who has pursued interests outside of operational due diligence.
 
Commenting on this appointment Morten Spenner, CEO at IAM, said:
 
"We are very pleased with Mike's appointment.  As a firm, we place great importance on the operational due diligence area, its separate function and reporting line from general research, and our strong continuous track record in avoiding operational difficulties.  Mike adds very strong experience and we welcome him to our team."
 
IAM was founded in 1989 and has offices in London, New York, Madrid and Stockholm. The firm has approximately $2.8 billion in assets under management. 


In Depth

Steinbrugge: Top 10 Hedge Fund Industry Trends for 2017

Jan 3 2017 | 9:03pm ET

Each year, Agecroft Partners' Don Steinbrugge predicts the top hedge fund industry...

Lifestyle

'Tis the Season: Wall Street Holiday Parties Back In Fashion

Dec 22 2016 | 9:23pm ET

Spending on Wall Street holiday parties has largely returned to pre-2008 levels...

Guest Contributor

DarcMatter: The Top Trends in Alternative Investments for 2017

Jan 13 2017 | 8:22pm ET

The $7 trillion alternative investments industry is poised for continued growth...

 

From the current issue of

The U.S. Commodity Futures Trading Commission (CFTC) ordered The Goldman Sachs Group Inc., and Goldman, Sachs & Co. to pay a $120 million penalty for attempted manipulation and false reporting of ISDAFIX Benchmark Rates, a global benchmark for interest rate products.