People Moves

Alternative investment shop Angelo, Gordon & Co. has added two professionals to its private equity group, and will soon begin fundraising for its latest fund, AG Private Equity Partners IV.

New York law firm Proskauer Rose continues to add to its hedge fund and private equity practice, today announcing the addition of Timothy Clark.

Credit Suisse Group has hired a Morgan Stanley prime brokerage executive to oversee its Japanese prime brokerage business.

Fund of funds shop Parker Global Strategies has hired Sam Chung as vice president, director of quantitative research and risk management. In this newly created position, Chung will be responsible for developing quantitative risk management tools and systems for the firm.

Private equity shop General Atlantic has hired Jeff Leng as a managing director in the firm’s Hong Kong office.

BlackRock co-founder Ralph Schlosstein is leaving his post as president in order to “pursue other entrepreneurial interests.” In his place, BlackRock’s board of directors has appointed Robert Kapito, BlackRock's former head of portfolio development, as president, effective immediately.

CVC Capital Partners has appointed Fred Watt as chief operating officer responsible for the private equity firm's finance and operations and as a member of its group management committee and board.

Panel Intelligence is expanding its research capabilities with the addition of a clean technology research team, and it has hired industry veteran David Kurzman to lead the effort.

Global hedge fund administrator Fulcrum Limited has hired Fred Jacobs as managing director in charge of business development in the U.S. He will report directly to Glenn Henderson, the firm’s global head of sales.

Chicago-based Bridge Advisors, an investment advisor specializing in alternative investment consulting, has appointed Robert Bernard as the firm’s president.