People
Hedge fund majors Millennium Management and DE Shaw are both actively hiring technologists in India with a focus on data scientists and data engineers as they ramp up operations in the country, according to a report by ET CIO.
New York-based Millennium, which has over $58 billion in AUM, reportedly has 30 roles open in Bengaluru for technologist, including data engineers, to work in the firm’s fixed income and commodities team.
DE Shaw meanwhile, which manages more than $60 billion in assets, and has recently opened new offices in Bengaluru and Gurugram housing over 300 employees, is also looking for
Channel Capital Cayman, an independent directorship service provider to global hedge and private equity funds and investment vehicles, has expanded its Cayman Islands team with the appointment of Martin Laufer as fund director.
Channel Capital Cayman, which serves investment funds domiciled primarily in the United States, Cayman Islands and other offshore financial centres, was established to assist with ongoing compliance with regulatory obligations through an ndependent director service.
As an experienced independent director, Laufer has been providing fund governance and related services to a variety of offshore investment funds since 2017. Prior to joining Channel Capital Cayman, he worked for
Fredrik Gentzel, the former chief executive officer of Capula Investment Management, a hedge fund specialising in bond and macro economic trading strategies, is joining $8 billion investment firm Orchard Global as its chief operating officer (COO) based in London.
In his new role at Orchard, which lends to banks, asset managers, and others using structured finance, as well as risk transfer solutions, Gentzel will be responsible for client data and information delivery as well helping the firm grow assets and expand its product offering.
Gentzel, who has over 23 years of financial markets experience, began his career as a derivatives
Mayer Brown has appointed Jason Friedman as a partner in the firm’s Banking & Finance practice, where he will represent borrowers, private equity sponsors, banks, hedge funds, alternative asset managers and other institutional investors on leveraged finance and private credit transactions.
Aaro Capital, a specialist in digital assets and digital ledger technology investments, has appointed Axel Ullmann as sales director. Ullman, who joins the firm from Degroof Petercam Asset Management (DPAM) where he served as as Senior International Sales Director for six years, will be working closely with CEO Peter Habermacher, and fellow sales director Liz Adnitt, who joined Aaro from Sanlam Investments in January of this year.
Ullman will be based in Germany and take on respsonsiblity for overseeing sales and distribution activities in the region, including the development of new and existing institutional client relationships.
Ullman has over 20
Hedge funds continue to attract engineers and other technology talent from the investment banking sector, with managers drawing expertise from the likes of Goldman Sachs and Credit Suisse, according to a report by efinancialcareers.
Brevan Howard has hired London-based Neal MacGowan as an executive IT support specialist after 22 years at Credit Suisse. MacGowan spent much of those two decades working as a support specialist on the trading floor. Shashank Sharma, a quant developer, also joined Brevan after six and a half years at JPMorgan.
Brevan has also been strengthening its technology and controls team during 2023 and hired former
Hong Kong-headquartered Tiger Cub hedge fund Karst Peak Capital’s Sydney-based healthcare partner Hashan De Silva is starting his own fund, according to a report by the Financial Review. De Silva’s firm will launch with seed capital from Karst Peak Capital founder Adam Leitzes, who formerly worked at Julian Robertson’s Tiger Management.
The new VC-style healthcare fund – dubbed dubbed KP RX – will reportedly invest in Australian and New Zealand healthcare companies.
De Silva was Hong Kong-based Karst Peak’s first Australian hire in early 2021. He joined from joining from sell-side research at CLSA and Macquarie. The healthcare specialist’s buy-side stockpicks
Millennium, the long-running multi-manager hedge fund firm founded by Israel Englander, has hired Utkarsh Khandelwal as an emerging market equities analyst, according to a report by The Trade.
Khandelwal joins Millennium from Morgan Stanley, where he spent the 13 years, most recently as vice president, Asia equity sales for the past four years. Before that, he held the position of India specialist for institutional equity sales.
Earlier, Khandelwal held research associate positions in both the internet and media sector as well as in Morgan Stanley’s India equity strategy.
Drawbridge, a provider of cybersecurity software and solutions to private equity, hedge fund, and venture capital firms, has appointed Chris Aronis as chief revenue officer. Aronis will lead the Drawbridge sales, account management and business development teams.Â
Ken Griffin’s Citadel has joined the growing list of hedge funds and another investment firms tapping Morgan Stanley for new recruits with the appointment of Li Sun as a quantitative researcher focused on global credit.
Sun, a PhD physicist, spent almost nine years at Morgan Stanley, according to his LinkedIn profile. He first joined the business as an associate in the firm’s Beijing office in May 2014 before making a move to New York later that year and working his way up to vice president and finally executive director, apposition he held for over four years before agreeing to join
