Deals and People March 9, 2010

Brooks Joins DWS Investments

March 9, 2010 (PLANSPONSOR.com) - DWS Investments, the US retail unit of Deutsche Bank’s global Asset Management division, has announced the appointment of Scott Brooks as a Director responsible for Third Party Insurance National Accounts.
Reported by

According to a press release, Brooks will be responsible for managing client relationships with insurance companies and sub-advised mutual fund firms. He will be based in New York reporting to Michael Woods, a Managing Director and US Head of Distribution for DWS Investments Distributors, Inc.      

Brooks joins DWS Investments from JPMorgan Asset Management where, as a Vice President, he helped the Funds Management and Global Real Asset divisions build their defined contribution, investment-only (DCIO) distribution platforms. Prior to JPMorgan, Brooks served as a Director and led the DCIO business for Managers Investment Group.

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He also spent more than 16 years at OppenheimerFunds where he founded and led the firm’s DCIO business team, according to the announcement.

Deals and People March 9, 2010

ACR Taps Grayson as COO

March 9, 2010 (PLANSPONSOR.com) - ACR-Alpine Capital Research has hired industry veteran Darryl S. Grayson as Chief Operating Officer and National Marketing Director. 
Reported by

According to the announcement, Grayson will oversee the firm’s marketing and sales efforts to the financial intermediary and institutional channels, and will expand the firm’s distribution relationships with national and regional brokerage firms, independent financial advisors, and registered investment advisors. He will also target retirement plan sponsors, consultants, foundations, endowments and the pension fund community.

He joins ACR from Wilmington Trust, where he was Director of External Distribution for the firm’s asset management division which oversaw $35 billion in assets under management. He was responsible for relationship management, sales and product distribution for the Wilmington Funds and SMA strategies.

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Previously, he was SVP and National Sales Manager for Gabelli Asset Management where he directed the distribution activities of the $11 billion mutual fund complex. He has also held sales executive positions at Delaware Investments, Bankers Trust, and OppenheimerFunds, according to the announcement.

ACR is a division of Alpine Investment Management, LLC, an asset management firm whose mission is to protect and maximize their clients’ purchasing power through excellence in fundamental valuation and advice.  More information is available at http://www.acr-invest.com.

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