Tuesday, 23 August 2016
Last updated 5 min ago
Sep 9 2008 | 10:56am ET
Man Investments has hired Patrick Merville as deputy regional manager and head of institutional sales for the Middle East. He succeeds Antoine Massad, who has decided to retire and pursue private interests.Merville joined Man three years ago as deputy regional CEO and head of institutional business. Previously, he was a director at Merrill Lynch in London, where he spent six years, first as an institutional salesperson in emerging market equities and then in the hedge fund prime brokerage sales group.
Man CEO Peter Clarke said the appointment was a testament to Man’s ability to attract the best talent in the industry. “Patrick takes the reins of the leading alternative investment firm in the Middle East at a time when sophisticated private and institutional investors are, increasingly, seeking an alternative to the traditional investment classes,” he said.
“For Patrick, this is as a step up in his long career in alternatives. Patrick’s continuing goal will drive the business to new levels of success in the region on the back of Man’s range of innovative products and the region’s growing role in the global economy.”