Thursday, 25 December 2014
Last updated 1 day ago
Apr 5 2011 | 8:52am ET
Having fled the hedge fund run by former Morgan Stanley President Zoe Cruz, Richard Bani has joined Brencourt Advisors.
Bani joined the firm as chief operating officer on Friday. He will oversee all non-investment aspects of Brencourt’s business and will serve on its executive committee.
“Rich has a tremendous reputation in our industry as a professional and a leader, and we look forward to working with him in the years ahead,” CEO William Collins said.
Bani was CFO at Cruz’ Voras Capital Management, which has lost several top executives recently and last month closed one of its two hedge funds amidst fundraising difficulties. Prior to joining Voras, Bani worked at hedge funds Armored Wolf and Moore Capital Management, and at SAC Capital Advisors “affiliated funds,” Brencourt said.
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.