Investec’s Burch Joins Millennium

Jun 25 2010 | 9:07am ET

Millennium Management has snared Investec Asset Management’s co-head of credit just a year after he joined the South African firm.

Jeffrey Burch is returning to the hedge fund world to work at Millennium’s London office under another of the hedge fund’s recent hiring coups—and another Bank of America veteran—Iftikhar Ali, Financial News reports. Ali joined Millennium Capital Partners last month from James Caird Asset Management, where he was reportedly unhappy with his compensation.

Burch worked at hedge fund BlueMountain Capital Management before joining Investec last year. At BofA, he worked at the proprietary credit trading group.

Burch starts at Millennium in the middle of next month.

At Investec, Burch will be replaced by Theodore Stamos.


In Depth

Q&A: Omni Macro Fund Bullish On India, Watching China

Mar 4 2015 | 3:35pm ET

Omni Macro Fund was formed in 2007 by Stephen Rosen, previously a prop trader at...

Lifestyle

Hedge Fund Manager Out as Minnesota Wild Minority Owner

Feb 25 2015 | 2:45pm ET

New York hedge fund manager Philip Falcone is no longer a minority owner of the...

Guest Contributor

Managing Diversification And Drawdowns In The “New Normal”

Mar 5 2015 | 2:42pm ET

In 2008-2009 diversification alone failed to provide adequate risk management for...

 

Editor's Note