Tuesday, 3 March 2015
Last updated 11 min ago
Apr 19 2010 | 4:54am ET
Iftikhar Ali’s stay at hedge fund James Caird Asset Management will be a short one.
The former head of European and Asian credit arbitrage trading at Bank of America is leaving the London-based hedge fund after just nine months. Ali is currently negotiating his departure from the US$2.4 billion hedge fund, which was spun off from Moore Capital Management in 2008.
Ali is not the only James Caird employee discussing his exit, Financial News reports. At least one other, like Ali a credit trader, is believed to want out.
Ali joined James Caird in June as head of its European credit business.
Jan 23 2015 | 1:00pm ET
In our new section, FINtech Focus, we will profile one of these firms each week. While fintech is a broad category, we will be focusing on firms that specifically cater to the alternative investment industry. Read more…