Russell Investments has appointed Brian Burke as risk management officer and Lance Babbit as senior portfolio manager, hedge funds. Burke, who was previously working with Measurisk, will analyze market risk exposures in individual alternative investment manager portfolios.

Babbit, who joins Russell from Credit Suisse, will focus on the firm’s multi-strategy hedge fund of funds portfolios, both custom and commingled, for institutional and private clients. The pair will be based in Russell’s New York office and will work under Ed Robertiello, managing director, hedge funds.

Click here for the release from Russell.