Philadelphia multifamily office names head of equity and fixed-income teams. Ultra-high-net-worth wealth and investment advisory Glenmede Trust has promoted a couple of its senior staffers. Peter Zuleba III has been put in charge of Glenmede's equity group and Laura LaRosa has been made responsible for the company's fixed-income group. Both are new positions.

LaRosa and Zuleba report to Glenmede's CIO Gordon Fowler.

Sophistication and reach

Zuleba is responsible for all quantitative and fundamental research and for model equity portfolios, trading and proprietary equit- investment strategies. LaRosa is responsible for overseeing both tax-exempt and taxable fixed income strategies.

Glenmede manages $5 billion in equity fund and separate account assets; LaRosa oversees fixed-income assets in excess of $4.5 billion.

Prior to joining Glenmede in 2004, Zuleba managed JPMorgan Chase 's large-cap growth equity strategy.

Fowler joined Glenmede from JPMorgan Chase in 2003.

Before LaRosa joined Glenmede in 1994, she specialized in municipal bonds trading and sales at W.H. Newbolds-Hopper Soliday.

The promotions of LaRosa and Zuleba stem from their long-term achievements at Glenmede and the firm's need to address the growing sophistication and reach of its investment platform, according to Fowler.

Philadelphia-based Glenmede was established in the mid 1950s by heirs of Sun Oil founder J.N. Pew as a fiduciary for the Pew Charitable Trusts. It has nearly $16 billion in assets under supervision for high net worth families and institutional clients. -FWR

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