Macquarie strengthens and expands US transition management business with new hires
New York, 06 Jun 2017
- Kevin Byrne joins as Senior Vice President
- Michelle Riffelmacher joins as Vice President
- New hires demonstrate Macquarie’s continued investment in Transition Management
Macquarie Group (“Macquarie”) (ASX: MQG; ADR: MQBKY), today announced appointments to its Transition Management business within its Commodities and Global Markets group. Kevin Byrne joins as a Senior Vice President focused on business development and transaction management. Michelle Riffelmacher joins as a Vice President focused on business development and relationship management. Mr. Byrne and Ms. Riffelmacher will be based out of Macquarie’s New York office.
Fred Fogg, Head of Macquarie Portfolio Solutions, said: “We are excited to welcome Kevin and Michelle to our team. Kevin has extensive transition management experience, bringing a wealth of knowledge across sales, product development and client management. Michelle is well recognized for establishing strong client relationships, having worked across a range of equity-related products and asset classes throughout her career.”
Prior to joining Macquarie, Mr. Byrne was a Managing Director at Loop Capital Markets, where he led all aspects of its transition management business targeting corporate pension and investment consultants. Prior to that, he held a number of senior roles in transition management at Fidelity, Convergex and JP Morgan. He brings an extensive network of contacts across corporate and public pension funds, investment consultants, investment managers, endowments and foundations. Mr. Byrne earned a BA from the State University of New York at Stony Brook, and an MBA from Adelphi University. He is a CFA charterholder.
Ms. Riffelmacher was most recently a Vice President in Citigroup’s prime brokerage business, where she managed relationships with large hedge fund clients, and has held a number of senior roles in its Agency Securities Lending business, where she helped execute product development strategy across the business. Prior to Citigroup, she held roles with ClearLend Securities (acquired by Citi) and State Street Corp, where she worked both the U.S. and international equity desks. Ms. Riffelmacher earned a BA from Colby College.
About Macquarie Group
Macquarie Group (Macquarie) is a global provider of banking, financial, advisory, investment and funds management services. Macquarie’s main business focus is making returns by providing a diversified range of services to clients. Macquarie acts on behalf of institutional, corporate and retail clients and counterparties around the world. Founded in 1969, Macquarie operates in more than 70 office locations in 28 countries. Macquarie employs approximately 13,597 people and has assets under management of more than $376 billion (as of March 31, 2017). Macquarie operates in the US as Macquarie Capital (USA) Inc., a member of FINRA and SIPC.
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