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Natixis names new head of AM business in the Americas
Hailer slated to replace Chafkin as head of Natixis Global Asset Management. Paris-based Natixis Global Asset Management (GAM) has made John Hailer president and CEO of Natixis Global Asset Management North America, which is based in Boston. His predecessor, Jeremiah Chafkin, will become president of Natixis' Alternatives Group.
Hailer will continue to serve as president and CEO of Natixis Global Associates, the company's global distribution arm. In his new role he will be responsible for the overall strategic development of Natixis' North American investment-management and distribution businesses.
New names
"Institutions and intermediaries want partners that can deliver highly-specialized investment solutions across multiple product platforms," says Pierre Servant, president and CEO of Natixis GAM. "In executing our vision for Global Associates, John focused our worldwide distribution efforts and produced significant asset and revenue growth for our firm and for our affiliates."
Natixis GAM is a unit of Paris-based Natixis, an asset-management and investment-banking group co-owned by Banque Populaire and Caisse d'Epargne.
Natixis used to be called Ixis. Before that it was CDC Ixis.
Before joining Natixis, Hailer worked at Fidelity as a senior v.p. for international business-development in the Americas for its Institutional Services group. He has also worked at Putnam.
In his new role Chafkin will out on building out Natixis' quantitative- and alternative-investment products. He will also serve as CEO of the AlphaSimplex Group, a Cambridge-Mass. based quantitative investments manager recently acquired by Natixis.
Before joining Natixis last year, Chafkin was an executive v.p. at Schwab. He has also worked at Bankers Trust (now part of Deutsche Bank).
Natixis GAM and its affiliates manage around $835 billion.-FWR
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