New York City Comptroller Scott Stringer announced two appointments to leadership positions at the Bureau of Asset Management.
Private equity head Alex Doñé will take on additional responsibilities as the group head of private markets and Michael Haddad will become the group head of public and tradeable markets.
The Bureau of Asset Management is the investment advisor to the $162.1 billion New York City Pension Funds, which provide retirement benefits to more than 715,000 active and retired New York City government employees.
Doñé will have oversight of the private equity, real estate, and infrastructure asset classes. He joined the comptroller's office in 2012 and previously served as head of the private equity asset class.
Previously he spent more than 16 years as an investment banker and private equity investor at Clearlake Capital Group, KPMG Corporate Finance and Merrill Lynch & Co., in addition to serving more than two years as an Obama administration presidential appointee at the U.S. Department of Commerce.
Haddad will have oversight responsibility for the public equities, public fixed income, hedge fund, opportunistic fixed income and short term trading units. He comes to city government after senior portfolio roles at Morgan Stanley, Caxton Associates and Soros Fund Management.
In addition, Haddad has a history of public service as a member of the U.S. Treasury borrowing advisory committee and the Treasury Market Practices Group sponsored by the New York Federal Reserve.
