Bobby Jain’s multibillion-dollar hedge fund Jain Global has recruited more than 10 portfolio managers for its London office, pushing the total above 50 members as it prepares for its debut on 1 July, according to a report by Financial News. 

Offshore law firm Carey Olsen has promoted Michelle Falcucci, Richard Sykes, Tim Bamford, Rachel De La Haye, Andrew Tually and Nienke Malan, with effect from 1 July, bringing the firm’s total number of Partners to 84 in the process. 

Billionaire Michael Platt’s hedge fund BlueCrest Capital Management has added José Arivar De Lira Junior as a senior portfolio manager in London, according to a Companies House filing on 24 June. 

The DTCC, a provider of post-trade market infrastructure for the global financial services industry, has added Brian Gallagher, Christopher Gelvin, Jon Herrick and Igor Modlin to its board of directors. 

Bobby Jain’s new hedge fund, Jain Global, has added Joanne Lim, a former senior trader at Balyasny Asset Management, to its Hong Kong office, according to a report by Financial News.

Hazeltree, a provider of active treasury and intelligent operations technology for the alternative asset industry, has appointed Paul Yates as senior pre-sales director based in London, according to a report by Securities Finance Times. 

21Shares US, an affiliate of 21Shares, a global issuer of crypto exchange traded funds, has appointed Federico Brokate as Vice President, Head of US Business. In his new role, Brokate will support 21Shares’s expansion into the US market. 

Deutsche Bank’s rates trading team in London faces a new wave of traders exiting the firm to hedge funds and trading firms, a trend starting earlier this year with senior departures, according to a report by eFinancialCareers.