Tuesday, 1 December 2015
Last updated 8 hours ago
Nov 10 2010 | 11:04am ET
Barry Schachter is stepping down as director of quantitative resources and chief risk officer at Moore Capital Management.
The hedge fund veteran is retiring from the firm after four and half years. Prior to joining Moore, he headed risk management at Balyasny Asset Management, SAC Capital Advisors and Caxton Associates, and was vice president of market risk management at Chase Manhattan Bank.
Schachter, a Cornell University financial economies Ph.D., began his career as an academic, teaching at several universities before joining the Commodity Futures Trading Commission as a research economist. In 1994, he became a financial economist at the Comptroller of the Currency's risk analysis division before joining Chase in 1997.
Schachter confirmed his retirement. In an interview with the blog Business Insider, he said, "I am not sure what I will be doing next. Just thinking at this point."
Oct 21 2015 | 10:41am ET
One of the most unique charity benefits in the hedge fund industry, A Leg To Stand On's (ALTSO's) Hedge Fund Rocktoberfest - NYC, raised nearly $500,000 last Thursday thanks to the generous support of major sponsors and nearly 1,400 attendees from the Tri-State finance, business and hedge fund communities. Read more…