Hedge Funds People Moves

Nomura Asset Management axes top U.S. marketing execs

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Mark Meyer and Marilyn White, two senior marketing executives at Nomura Asset Management, will be leaving the firm in the next few weeks.

Nomura Asset Management, the institutional asset management business of Tokyo firm Nomura Holdings, has eliminated two senior marketing positions in New York. Mark Meyer, managing director and head of institutional business development, and Marilyn White, executive director, will be leaving the firm in the next few weeks. Meyer and White focused on raising money for Nomura’s equity and fixed income hedge funds and long-only funds.

Further details about Nomura’s plans could not be ascertained. Meyer and White could not be reached for comment, and a Nomura spokesman declined to comment.

Meyer has been with Nomura Asset Management since