Lyxor Americas, the US arm of France’s Lyxor Asset Management, has named Dan Rizzuto as the new head of business development.
Rizzuto succeeds Andrew Dabinett, who will now serve as the CEO of the US unit.
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Rizzuto most recently was the head of capital introductions for Americas at Societe Generale, the corporate parent of Lyxor.
In this capacity, he was responsible for spearheading alternative investment professionals to expand the understanding of alternative investments. Moreover, he was tasked with developing relationships between institutional investors and alternative investment managers at the firm.
His financial career of over 25 years also includes stints at West Side Advisors, Graham Capital Management, DKR Fusion, as well as Bear, Stearns & Co.
“We are excited to have someone of Dan’s caliber and experience to lead our Business Development team. He is a seasoned leader with considerable experience in developing meaningful client relationships. We look forward to working with Dan and leveraging his alternatives expertise to serve our growing Americas client-base,” Dabinett noted.
Launched in 1999, Lyxor Americas includes hedge fund research, due diligence, risk, portfolio management, and structuring teams. The unit offers fiduciary management services and advises clients on alternative strategies.
Last month, Lyxor Asset Management appointed David Lake as the new CEO for its UK business, replacing Matthieu Mouly.
