MC Asset Management Hires Patrick Curran as President and CEO

MC Asset Management Holdings LLC, the investment firm majority-owned by Mitsubishi Corp. (8058) said it has appointed former Raymond James & Associates Inc. executive Patrick Curran as its president.

Curran, who also will start as the firm’s chief executive officer at year-end, most recently was a managing director at Raymond James in asset management, capital markets technology, and services investment banking, MC Asset Management said today in an e-mailed statement.

MC Asset Management was formed last year as part of a split of Aladdin Capital Holdings LLC. The Stamford, Connecticut-based unit said in July that it started a joint venture with Five Mile Capital Partners LLC to underwrite senior commercial mortgage loans to be pooled into securities and sold to investors.

To contact the reporter on this story: Mary Childs in New York at mchilds5@bloomberg.net

To contact the editor responsible for this story: Alan Goldstein at agoldstein5@bloomberg.net

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