Wednesday, 27 July 2016
Last updated 24 min ago
Dec 6 2012 | 11:05am ET
The Man Group has strengthened its management team in the U.S. with the hiring of Makena Capital Management's John Rohal.
Rohal was named Man's first executive chairman for North America. He'll be charged with deepening Man's relationships with institutional clients and with developing its products for the U.S. market, Man said. Rohal starts on Jan. 1.
At Makena, Rohal oversees public equity and tactical hedged equity investments. The firm, founded by former managers of Stanford University's endowment, has $16 billion in assets under management. Rohal has been with the Menlo Park, Calif.-based hedge fund since its start and is retiring from the firm. He formerly worked at EGM Capital, Robertson Stephens and Alex Brown & Sons.