Hedge Funds

BNP Paribas Asset Management names U.S. chief

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BNP Paribas Asset Management has named Pierre Lapomme chief executive officer of the firm's U.S. operation, BNP Paribas U.S.

The New York-based division is the parent of CooperNeff Advisors, the quantitative hedge fund operation based in Philadelphia.

Lapomme had previously run equity capital markets for Credit Lyonnais and then Calyon in Paris. He has also worked in New York before, managing the U.S. equity department at Credit Lyonnais.