Franklin Square Capital Partners- The alternative investment firm, based in Philadelphia, hired Greg Bassuk as head of liquid alternative strategies. He was previously the COO of IndexIQ. Bassuck will be responsible for Franklin Square’s liquid alternatives group. Franklin Square funds are sub-advised by the Blackstone Group LP's (NYSE: BX) GSO Capital Partners.
IFM Investors- Tom King has joined IFM as a senior advisor in the firm’s infrastructure group. He comes over from National Grid USA. King, based in Houston, will be in charge of advising new investments and portfolio companies for the fund manager.