Conifer Names McDonald New CEO

Jan 10 2008 | 1:00am ET

Hedge fund administrator Conifer Securities has a new leader, as the firm has promoted Executive Vice President Jack McDonald, naming him its new CEO.

McDonald, who joined San Francisco-based Conifer in 2005 as EVP and head of sales, succeeds firm founder Phil Stapleton. Stapleton will remain the firm’s chairman, focusing on the firm’s expansion. Conifer has more than doubled its assets under administration over the past two years, and recently opened an outsourced trading desk in New York.

McDonald joined the firm, which has $5 billion in assets under administration, from UBS, where he headed its West Coast institutional equities business.


In Depth

Royalties: The Alternative Assets of the Music Industry

Jul 8 2016 | 7:01pm ET

Recent market volatility has investors seeking greater insight into alternative...

Lifestyle

Vortic: Making Great American Watches Again

Jul 25 2016 | 6:29pm ET

If you are compelled by stories of entrepreneurial vision & drive, or simply...

Guest Contributor

MPI: Like Stellar Returns? Better Understand the Risks First

Jul 22 2016 | 8:44pm ET

When the press reports extraordinarily strong relative or risk-adjusted returns...