The new CFO joins from Magis Partners, where he served as managing partner.

Global asset manager Och-Ziff Capital Management has appointed Thomas Sipp as chief financial officer. 

Sipp joins Oz from Magis Partners, where he served as managing partner for the venture firm focused on wealth management products. 

Prior to Magis Partners, Sipp held several senior executive positions at Credit Suisse, including CFO and chief operating officer for Credit Suisse’s asset management division and global COO for Credit Suisse’s wealth and asset management operation.

He will be replacing current CFO, Alesia J Haas, who has resigned to pursue another career opportunity in a different industry.  

Haas will remain with the company to June 1.

“I worked closely with Tom for eight years and am excited to have an executive of his caliber and experience, join our leadership team,” said chief executive, Robert Shafir. “We look forward to welcoming him to Oz and are confident he will be a strong addition to the company. We thank Alesia for her contributions to Oz and wish her well,” 

Oz Management is an alternative asset manager with offices in New York, London, Hong Kong, Mumbai, Beijing, Shanghai and Houston. 

In February, this publication reported that Och-Ziff Capital Management had appointed Shafir as CEO, and succeeded Dan Och in the role.