Comptroller Scott M. Stringer Announces New Appointments To Leadership Positions At Bureau Of Asset Management

(New York, NY) – On Monday, New York City Comptroller Scott M. Stringer announced two appointments to leadership positions at the Bureau of Asset Management. Alex Doñé, Head of Private Equity, will take on additional responsibilities to serve as the Group Head of Private Markets and Michael Haddad will join the Comptroller’s Office today to become the Group Head of Public and Tradeable Markets. The Bureau of Asset Management serves as the investment advisor to the $162.1 billion New York City Pension Funds, which provide retirement benefits to over 715,000 active and retired New York City government employees.

“Alex Doñé and Michael Haddad are two experienced investment professionals who will make an immediate impact at the Bureau of Asset Management,” Comptroller Stringer said. “Improving the operations of our pension funds is a top priority for our administration and their talent, financial acumen and leadership ability will give us the support and guidance we need for the long-term benefit of the funds.”

Doñé will have oversight of the private equity, real estate, and infrastructure asset classes. Doñé joined the New York City Office of the Comptroller in 2012 and previously served as head of the private equity asset class. Prior to his tenure at the Comptroller’s Office, he spent over 16 years as an investment banker and private equity investor at Clearlake Capital Group, KPMG Corporate Finance and Merrill Lynch & Co. in addition to serving over two years as a Presidential Appointee to the Barack Obama Administration at the U.S. Department of Commerce.

Haddad will have oversight responsibility for the public equities, public fixed income, hedge fund, opportunistic fixed income and short term trading units at the Bureau of Asset Management. He comes to city government after a long and successful career in the asset management business, including senior portfolio roles at Morgan Stanley, Caxton Associates, and Soros Fund Management. In addition, Haddad has a history of public service as a member of the U.S. Treasury Borrowing Advisory Committee and the Treasury Market Practices Group sponsored by the New York Federal Reserve.

“Alex and Michael are both well respected financial professionals, and I look forward to working closely with them as we set a strong foundation at the Bureau of Asset Management to build upon in the months and years ahead,” said Scott Evans, Chief Investment Officer of the New York City Pension Funds.

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