Ex-GSA Chief Join's JPMorgan Vet's Hedge Fund

Mar 22 2011 | 11:33am ET

Former GSA Capital Partners CEO Joseph Novarro has joined the alternative investments firm founded by former JPMorgan Chase executive William Winters.

Novarro has been named chief operating officer of Renshaw Bay, which Winters founded last month. He is the first big-name hire for Winters, the former co-CEO of JPMorgan's investment banking business.

Renshaw Bay is backed by Jacob Rothschild's RIT Capital and Johann Rupert's Reinet fund; the two are providing tens of millions of pounds in seed capital.

Novarro left GSA in May after battling with the firm's founders over its direction.


In Depth

GSAM’s Papagiannis on Liquid Alternatives

May 25 2016 | 5:07pm ET

The popularity of liquid alternatives strategies has blossomed in recent years,...

Lifestyle

From Modern Trader: Stephen Curry is a Black Swan

May 18 2016 | 7:43pm ET

What do the rise of the Internet, the sinking of the Titanic, 9/11, and Stephen...

Guest Contributor

LendingClub and the Question of Internal Hedge Funds

May 19 2016 | 8:42pm ET

Peer-to-peer lending platform LendingClub Corp. has been in the news since the firm...