PVE Capital, a London-based macro credit fund manager which launched in October 2009, has made five additional hires.
Loren Remetta, an index trader most recently at UBS in London, joins as a portfolio manager to focus on liquid credit products within the trading platform at PVE.
Alexei Garan, Melody Adams and David Yuen join from Credaris, where they previously worked with two of the founding partners, Gennaro Pucci (pictured) and Christian Evans. Garan, Adams and Yuen strengthen the analytical and trading functions in ABS, CDO and financial modelling respectively
Helene Schutrumpf also recently joined PVE as a product specialist, with a background in proprietary trading at Merrill Lynch.
Pucci says: “I’m delighted by the new additions to PVE that will help us to continue to strengthen our trading platform and perform well during these challenging market conditions.”
The Matrix PVE Global Credit Fund is managed by a venture between PVE Capital and Matrix, and seeks to take advantage of the unique opportunities in global credit markets by trading in a broad range of liquid credit instruments, both long and short.
