Thursday, 18 December 2014
Last updated 18 hours ago
Jul 8 2010 | 10:22am ET
Louis Bacon’s Moore Capital Management has snagged a pair of Perry Capital vets.
Ted Martin, who was most recently with Citigroup's prop desk, has joined the hedge fund firm as head of merger arbitrage. Before joining Citigroup, Martin was the merger arbitrage portfolio manager at Perry Capital from 2006-2008, and before that he served as a trader at Perry for four years.
Jonathan Cheng also recently joined Moore Capital as the portfolio manager for the firm's consumer and retail group. Cheng was most recently a managing partner at Overland Park Capital, and before that, he served as a managing director and head of consumer and retail at Perry.
The two are just the most recent hires by the $14 billion hedge fund firm, which has been picking up talented traders who feared the Volker Rule may make their jobs at large banks obsolete. In February, Citigroup's Matthew Carpenter agreed to join the hedge fund firm as head of equity trading once his non-compete clause expired. He previously led the prop-trading group at Citigroup that oversaw more than $1 billion in assets.
Dec 1 2014 | 10:21am ET
As 2014 winds down, Northern Trust Hedge Fund Services executives took some time to share their outlook on trends facing the industry in 2015. Read more…
Jeff Sprecher was simply looking for a platform to trade energies when launching ICE 14 years ago but it has grown to reach the pinnacle of both the listed futures and equities world.