Financial Risk Management has announced that Anthony Simpson has joined the firm as Co-Head of Global Business Development, based in London.

In this new role, Simpson will lead FRM’s client development activities globally, partnering with Akio Shimazu, who is responsible for FRM’s business in Japan and Korea. Simpson will also join FRM’s Executive Committee.

Previously, Simpson was Co-Head of Global Business Development for Ramius, the alternative investment management business of Cowen Group. Prior to that, he spent nearly a decade with Merrill Lynch in London, holding a number of senior business development roles including Managing Director of the Insurance and Pensions Solutions Group and Global Head of Transition Management. Simpson also spent six years with Goldman Sachs in London, where he founded and co-headed the Pensions & Insurance Services team.

Blaine Tomlinson, Founder and Group CEO of FRM stated: “Anthony brings exceptional experience and sophistication in serving institutional clients. We are committed to continuing to expand and improve the ways we offer our industry leading hedge fund investment capabilities to clients. Anthony will play an important role, both working with large clients directly as well as leading our client strategy globally.”

Simpson stated: “I’m pleased to join one of the most well-resourced independent fund of hedge funds groups, known for its strong analytics and rigorous investment process. FRM has a global platform with the scale, stability and depth of experience to excel in serving sophisticated clients. The firm has continued to invest in its business and grow its capabilities in order to stay at the forefront of institutional quality hedge fund investing.”