Friday, 9 October 2015
Last updated 4 hours ago
Jun 18 2010 | 11:54am ET
UBS has added a hedge fund veteran with a Harvard pedigree to its U.S. prime brokerage business.
Megan Kelleher will head that Swiss bank’s prime brokerage sales effort in New England, based out of Boston. She formerly worked at collapsed hedge fund Sowood Capital Management in operations, legal and compliance. Prior to her stint at the short-lived hedge fund, Kelleher worked at Harvard Management Corp., which runs the university’s endowment.
Sowood was founded by former Harvard money manager Jeffrey Larson after he left the school in 2004. It collapsed amidst huge losses on subprime investments in the summer of 2007, one of the earliest victims of the credit crisis.
UBS has also promoted from within, naming Rob Sachs head of U.S. capital introduction. Sachs joined UBS’ cap. intro. business last year after running his own fund of hedge funds, Constellar Capital Management.
Oct 7 2015 | 4:57am ET
Charity A Leg To Stand On (ALTSO) will hold its 12th Annual Hedge Fund Rocktoberfest – NYC on October 15 and its 4th Annual Rocktoberfest - Chicago on October 22. Read more…