Mesirow Financial, has appointed Joseph Hoffman as CEO of
its currency management business.

The firm says Hoffman, “strengthens the team with his proven
success of providing objective, strategic advice to implement best practice
currency risk programmes for clients’ unique set of circumstances”.

Hoffman joins from Russell Investments, where he spent the
last 20 years in the firm’s currency and derivatives business. He co-founded
Russell Investments’ Currency Implementation business in 2003, and most
recently, as global head of currency, led the team responsible for hundreds of
currency overlay accounts with assets under management in excess of $60

“This is an exciting time for the currency management
business at Mesirow Financial. We’re delighted to have attracted someone with
Joe’s talent and experience,” says Richard Price, chairman and CEO of Mesirow
Financial. “We have always had a strong currency management offering, and we
look forward to continued growth under Joe’s leadership.”

Hoffman adds, “Mesirow has a history of providing clients
with world class currency management solutions. I’m extremely excited to be
joining Mesirow’s commitment to investing in and enhancing the currency
offering – not only to meet the needs of existing clients in a rapidly changing
environment, but also to partner with new investors to manage their currency
risk and to seek out additional sources of return unique to currency markets.”

Twitter @lamboPnL

Twitter @Profit_and_Loss

Colin Lambert

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