Walleye Capital, a US multi-strategy hedge fund firm with $5bn in assets under management, has made several new hires as it looks to boost its energy trading capabilities and support plans for a new office Dubai, according to a report by Bloomberg.
The report cites unnamed sources as confirming that the Minnesotas-based firm appointed Raj Sethi earlier this year as head of global macro and fixed income, a role that includes overseeing commodities. Sethi was previously with Cravas Capital.
Other new recruits this year include: Rahul Dhir, a refined oil products trader who worked at Millennium Management; Jim Rowe, who was previously with oil major Chevron Corp; and Tom Capoccia, a natural gas trader, who was most recently at Six One Commodities.
And having also opened its first international office in London this year, Walleye is planning further overseas expansion and has hired Frank Kennedy and Emma Fouracre Reid to run equity capital markets for Europe, the Middle East and Asia, from a new base in Dubai.
According to Bloomberg’s sources, the pair previously worked at Bluecrest Capital Management, and are currently based in London but will relocate to the emirate later this year.
