Deutsche Bank Adds Ex-Hedge Fund Manager Kapur

Aug 18 2010 | 10:29am ET

Former hedge fund manager Ajay Kapur has joined Deutsche Bank to head the firm’s Asian equity strategy team.

Kapur founded a hedge fund in Hong Kong, First Horse Capital, three years ago, after leaving Citigroup. At Citi, he served both as chief global equity strategist and chief Asia equity strategist. He worked at Morgan Stanley as head of equity strategy before joining Citi.

“Ajay is one of the best-known and most respected names in the industry, having worked in equity research and strategy on both the buy and sell sides since 1989,” new boss Guy Ashton, global head of company research at Deutsche Bank, said.

Kapur most recently worked at South Korea’s Mirae Asset Securities, and is brining a pair of his Mirae colleagues with him to Deutsche Bank.

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