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Osman Khan has joined Alvarez & Marsal as a managing director in its transaction advisory group. He will be based in New York. Khan was previously with PricewaterhouseCoopers’ transaction services practice.

DH Capital, an investment bank focused on Internet infrastructure companies, has appointed Sean Charnock as a managing director. Prior to DH Capital, Charnock was co-founder and SVP of business development and alliances at SoftLayer Technologies.

Independent investment bank Gleacher & Co. announced that Eric J. Gleacher has resigned as chairman of the company’s board of directors and as an officer and director of the company and will be leaving the firm. Gleacher has served as chairman of Gleacher & Co. since its acquisition of Gleacher Partners, the firm he founded in 1990.

The Hilco Organization, an operational consulting group, said that Antony Karabus was named president of its SD Retail Consulting practice. Greg Rubin, previously CEO of SD Retail, has been appointed chairman of SD Retail Consulting.

MHT Partners, a national growth-focused investment banking firm, has hired Samuel Vaill as principal. Vaill will join the firm’s Boston office. he was formerly a director at Provident Healthcare Partners, a Boston-based investment bank.

The Private Equity Foundation and Impetus Trust, two British organizations focused on disadvantaged young people, are to merge to create Impetus – The Private Equity Foundation. It is proposed that chairman of the merged entity will be Johannes Huth and Louis Elson will serve as deputy chairman. CEO of Impetus – The Private Equity Foundation will be Daniela Barone Soares, currently CEO of Impetus.

Stenham Asset Management has made two new investment team hires. Akshay Krishnan has joined the firm as senior research analyst, with responsibility for global macro strategies across the range of Stenham funds. Rishi Patel has joined as a senior operational due diligence analyst. Stenham Asset Management provides asset management solutions for pension funds, charities, family offices and high net worth individuals, including both discretionary portfolios and funds of hedge funds.

The Valence Group, a chemicals and materials investment banking boutique, has hired Ian George as managing director. He will be based in London. Before joining Valence, George held senior positions at Nomura and Bear Stearns, and most recently, with EPIC Private Equity.