Bay Street Buzz

This information courtesy of Bill Vlaad, of Vlaad & Co.:

“Michael Bernstein has been appointed interim President and Chief Executive Officer of Macquarie Power & Infrastructure Income Fund. He was also appointed Head of Macquarie Capital Funds. Bernstein was previously Senior Managing Director of the Macquarie Group and Head of Infrastructure & Utilities Advisory for Macquarie Capital Markets Canada. [MRM: As an aside, CVCA President Greg Smith (former CEO of the various Macquarie Infrastructure entities) has decided to do something different, and he’ll be fielding plenty of offer starting this week.]

Some new moves and role changes at BMO Capital Markets:

Managing Director, Jamie Rogers is adding to his role and is now Head of Vancouver Investment & Corporate Banking and joins I&CB Canada Management Committee

Former UBS Securities Institutional Equity Salespersons, Mathieu Debost, Dan Vreeze, Alex Araugo and Andrew Whipp have joined the European Equity Sales force in Europe

Also on the European Coverage Team, but located in Canada, are Toronto Equity Sales Trader Carlo Giarrusso and Montreal Equity Salesman Maor Amar. Both were previously at UBS as well
Eric Luftig has joined as Managing Director in the leveraged finance group. Previously he held positions at GE Capital Markets and CIBC
Lyla Kanji has joined as Senior Manager, Corporate Finance

A couple of moves this week to CIBC include:

Andre LaJeunesse as Managing Director of fixed income, currencies, and distribution for the Asia Region, will be based in Singapore. Lajeunesse was previously with Australia and New Zealand Banking Group (ANZ Bank)

Based in Toronto will be Duncan Rule as Managing Director and Head of Foreign-Exchange Trading. He was most recently with Dresdner Kleinwort

Former Merrill Lynch, Head of the Canadian Team, David Wolf has joined the Bank of Canada as an Adviser, focusing on issues relating to monetary policy and the Bank’s research program.

Also at the Bank of Canada, Jean Boivin has been hired as a “Special Adviser” working on Canada’s inflation target and monetary policy framework. He currently holds the Chair in monetary policy and financial markets at the Institute of Applied Economics at HEC Business School.

Pollitt & Co. has recently made a number of additions to their team:
Corey Dias joins as an Equity Research Analyst. Previously Corey was a Research Analyst, Technology and Special Situations at M Partners
Kelvin Cheung will be joining the team as an Equity Research Analyst. Kelvin was most recently with National Bank Financial, where he was an Equity Research Analyst

Mike Graham and Andrew Thompson have also joined Pollitt & Co. in Institutional Equity Sales. Formerly, Mike was an Investment Banking Associate at Thomas Weisel Partners in Toronto, and Andrew was an Equity Research Associate, Base Metals at Macquarie Capital.

Nick Savona has joined Sandfire Securities on their Equity Trading Desk. He was most recently Principal at Evergreen Capital.

Joon-Gi Cho is joining Dundee Securities in Montreal as Institutional Equity Sales. Previously Joon-Gi was at BMO Capital Markets.

Equity Trader Collin Thacker has joined UBS Securities Canada. Thacker was previously at Merrill Lynch Canada.

TD Asset Management will be saying farewell to Rob MacLellan (Executive Vice President and Chief Investment Officer and Chairman for TD Asset Management, President TD Capital, TD Investments, Wholesale Banking, TD Bank Financial Group) at the end of the year as he has announced his retirement. Taking over his responsibilities is Bill Hatanaka, currently Head of TD’s Wealth Management Group.

Also gaining new responsibilities at TD Asset Management is Anish Chopra who will be managing the TD Canadian Value Fund.

Edward Gibbard has joined Clarus Securities on their Institutional Equities Trading Desk. He was previously Director at Scotia Capital.”

MRM