The D.E. Shaw group has appointed Tom Levy as its senior counterparty relationship manager, in which capacity he will be a primary point of contact between the firm and all financing and trading counterparties.

Levy was previously a managing director, global head of client coverage and co-head of global prime brokerage sales at Morgan Stanley, where he began his career in 1988. Over the past 20 years, he has held various senior equity derivatives and prime brokerage sales positions with Morgan Stanley in the US, Europe and Asia.

'We are delighted that Tom is joining us,' says Julius Gaudio, a managing director of D.E. Shaw and a member of the firm's executive committee. 'With his broad industry experience, client coverage expertise and product knowledge, he is well suited to maximise the effectiveness of our counterparty relationships across a growing suite of investment strategies.'

Says Levy: 'Having worked closely with many institutional clients, I have always been impressed by D.E. Shaw's sophisticated investment approach, collaborative culture, and, more recently, by its global reach. It is exciting to build on this platform as a member of the team.'

D.E. Shaw is a global hedge fund and private equity manager and technology development firm with more than 1,500 employees, some USD39bn in assets under management at the end of June and offices in North America, Europe and Asia.