Byrne, currently COO of the Global Multi-Managers & Securities (GMMS) platform, has been appointed as the new Head of GMMS, effective 1 May 2013. Eric succeeds the current head, Roddy Sloan, who is retiring, also on 1 May 2013.
Byrne has significant experience within GMMS having been responsible for product development, structuring and execution, business development and client relationship management in Europe, as well as overall business management. He has 23 years of industry experience, including 17 years at UBS.
'Eric has been part of the senior management team within GMMS since 2007 and I am delighted to see him stepping up to his new role', said Thomas Wels, Head of Global Real Estate, to whom Eric will report.
Sloan, current Head of GMMS, has recently decided to retire after more than 32 years in the industry and almost six years at UBS. 'Since joining UBS in 2007, Roddy has launched and led the GMMS business and we are very grateful to him for his contribution to its success”, said Thomas Wels. “Following his retirement, Roddy will remain on a number of important committees within both the Global Multi-Manager and Global Property Fund platforms, allowing us to continue to benefit from his extensive real estate knowledge and experience', Thomas added.
GMMS now comprises the Global Multi-Manager (GMM), Global Property Fund (GPF) and Swiss Real Estate Securities (SRES) platforms, with assets under management (including committed capital) totalling CHF 11.7 billion as at 31 December 2012.
Within the GMM business, Byrne will be supported by Matt Johnson, Graham Mackie and Jean-Luc Seidenberg, the Regional Heads for the Americas, Asia-Pacific and Europe respectively. For GPF and SRES, Byrne will be supported by Lee Saltzman and Dalibor Maksimovic respectively.