Conifer Names McDonald New CEO

Jan 10 2008 | 2:00am 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

PAAMCO: Will Inflation Deflate the Asset Bubble?

Jan 30 2018 | 9:49pm ET

As the U.S. shifts from monetary stimulus to fiscal stimulus, market pricing should...

Lifestyle

CFA Institute To Add Computer Science To Exam Curriculum

May 24 2017 | 9:25pm ET

Starting in 2019, financial industry executives sitting for the coveted Chartered...

Guest Contributor

Boost Hedge Fund Marketing ROI By Raising Your ROO

Feb 14 2018 | 9:57pm ET

Tasked with delivering returns on client capital, a common dilemma for many alternative...