Gresham Investment Management managing director and head of the New York hedge fund’s systematic product strategy, Irene Perdomo, has joined Dubai-based Ocean Leonid Investments as co-head of the proprietary trading firm’s systematic strategies. Perdomo who spent the past three years at Gresham, started her career at Barclays in 2009 as a vice-president of commodities, before moving to the metals trading desk of Noble Group in June 2012. She left Noble in August 2013 to co-found hedge fund Devet Capital. Perdomo will be based in London in her new role at Ocean Leonid, which has been registered as an investment firm

As major banks makes significant staffing cuts, hedge fund Marshall Wace is continuing its hiring spree with the London-based firm adding to its headcount on both sides of the pond, according to a report by eFinancial Careers.

Morgan Stanley has appointed Charlotte Creager, an executive director in emerging markets at Goldman Sachs, as the bank’s new head of European hedge fund credit sales based in London, according to a report by eFinancial Careers. Creager spent 14 years in total with Goldman Sachs, first in London before moving to New York in September 2019 to focus on emerging markets fixed income. Prior to Goldman, she spent three years at JP Morgan in London. Creager is the latest Goldman Sachs hedge fund sales exec to make the switch to Morgan Stanley following the appointment Brett le Roux, a nine-year

AlphaGrep, a global multi-asset, quant-based proprietary trading firm founded in 2010 by University of Pennsylvania alumni duo Mohit Mutreja and Parshant Mittal, has appointed Bhautik Ambani as the chief executive officer of its domestic investment management unit in India. In his new role, Bhautik, who helped the firm launch its maiden AlphaMine Absolute Return Fund – a Category III alternative investment fund – will be responsible for driving business growth, strengthening and expanding the firm’s domestic presence, and enhancing customer experience.   Prior to joining AlphaGrep, Bhautik was a managing director & partner at Avendus Capital Public Markets Alternate Strategies.

Brevan Howard has appointed John Antonakakis, a managing director and global head of market risk for cash equities, systematic strategies and ECM at Credit Suisse, as its senior risk officer on equities strategies, according to a report by Financial Careers. Antonakis, who spent three years at Credit Suisse having previously served as chief risk officer at QT Fund, a quant fund operated by the bank, joins the team at Jersey-based Brevan Howard’s New York office. Prior to QT Fund, Antonakis had a short eight-month stint at BlackRock as director – risk and quantitative analysis, having spent the previous decade at

Izzy Englander’s Millennium Management has bolstered its growing emerging markets team in Dubai with the addition of Naveen Choppara, co-head of emerging market rates and forex trading in CEEMEA at Goldman Sachs Group Inc, according to a report by Bloomberg. The report cites unnamed sources with knowledge of the matter as confirming that Choppara is relocating from London to work alongside Akash Patel, the Goldman Sachs veteran who joined Millennium in Dubai more than a year ago as a senior portfolio manager.  Millennium has been adding to its UAE team by tapping money managers and strategists from the likes of

Sona, the credit hedge fund founded by former Highbridge Capital head European credit, John Aylward, has appointed Barclays PLC’s co-head of global leveraged finance syndicate Stephen Smith, to the newly-created role of head of capital markets, according to a report by Bloomberg. The report cites a spokesperson for the firm as confirming that Smith is set to join Sona in London and is expected to take up his new position around September. According to Aylward, Smith: “brings a wealth of experience in the European Leveraged Finance markets and will deepen and broaden Sona’s existing capabilities in a market offering tremendous