BNP Paribas’ alternative investment management subsidiary has appointed two senior-level management executives.

Wendy Reiners, previously the director of investor relations for Cumberland Associates, has joined Malbec Partners as head of marketing and business development. Tom Philips, previously the head of investment strategy and risk control at OTA Asset Management, has joined as senior risk manager.  Both will report to Jeffrey Trongone, president and CEO.
 
“Wendy brings a depth of experience and a passion for the business that is critical for our success,” said Trongone. “Tom is a seasoned risk manager with many years of success in the area and will leverage a sophisticated risk management system, where his team stress tests and systematically analyzes risk in the portfolios daily.”