Renshaw Bay Appoints New COO

Renshaw Bay has appointed a former JPMorgan Chase executive, Joseph Novarro, as COO.

Renshaw Bay has appointed a former JPMorgan Chase executive, Joseph Novarro, as COO, The New York Times reports. Novarro has previously worked at GSA Capital Partners, UBS and Brencourt Advisors. Renshaw Bay is an alternative asset management and advisory business launched by William Winters in February 2011. The firm is being backed by the investment firms of Jacob Rothschild and South African billionaire Johann Rupert, who together retain half of the new firm.

Click here for the story from The New York Times.