As anticipation builds in response to one of Asia’s largest ever launches, ex-Goldman’s trader Morgan Sze has chosen the three prime brokers for hi
As anticipation builds in response to one of Asia’s largest ever launches, ex-Goldman’s trader Morgan Sze has chosen the three prime brokers for his USD1billion-plus Azentus Capital fund, reported Reuters this week. They include: Goldman Sachs, Morgan Stanley and UBS. Whilst the former two are perhaps unsurprising choices, the fact that UBS fought off stiff competition from Deutsche Bank and fellow Swiss broker, Credit Suisse, is a great result. Last year saw the firm make a succession of new hires across all areas of its prime services division and that commitment seems to have now borne the biggest of fruit. Reuters also confirmed that Sze had registered Azentus Capital with Hong Kong’s Securities and Futures Commission having officially left Goldman Sachs on February 16th. Ex-Boyer Allan CEO, Roger Denby-Jones, is expected to be Chief Operating Officer. Other members of the team listed in the filing include Sze’s fellow Goldman’s colleagues: Bruce Kirk, Mohan Rajasooria, Jeffrey Zielinsk and Jenny Sun Kin-nam. The fund is expected to start trading in Q2.
