Macquarie has announced the expansion of its leading transition management franchise with the appointment of Eric Carangelo as senior vice president.  

Carangelo joins from State Street Global Markets where he spent 18 years building the firm's brand across products within its portfolio solutions team. Reporting to Jeremy Vuolo, head of U.S. execution, Carangelo will cover U.S.-based accounts that transact domestically and internationally through Macquarie and will add to the firm's highly ranked global transition management team with trading hubs in New York, London and Sydney.

"Eric brings a wealth of experience across a wide spectrum of clients and portfolio solutions products that will enhance our ability to provide a differentiated transition management offering," Vuolo said. "Eric's appointment also complements our recent strategic hires in global program trading, international ETFs and our existing execution services offering."

"I am delighted to join the equities platform in the Americas and look forward to further building upon the strength of Macquarie's transition management business in this region," Carangelo said.