Hyman, Former Morgan Cap. Mkts. Chief, Joins Cheyne

Oct 19 2010 | 12:25pm ET

A former top banker at Morgan Stanley has resurfaced at Cheyne Capital.

John Hyman has become a member of Cheyne's limited liability partnership, although it is unclear what his precise role at the firm will be, Financial News reports. The London-based hedge fund, which has US$5 billion in assets under management, has applied to the Financial Services Authority for approval for Hyman.

Such an application may seem a routine and picayune matter, but not with Hyman: His last gig, at Nomura Holdings, came of nothing after the FSA allegedly refused to approve his move to Nomura from Morgan Stanley, where he had been co-head of global capital markets. It is not clear why the regulator allegedly blocked the move.

Hyman left Morgan for "personal reasons" just days after the former CEO John Mack handed the reins of the firm over to successor James Gorman.

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