Tuesday, 30 August 2016
Last updated 9 hours ago
Apr 12 2011 | 4:48am ET
Eton Park Capital Management’s former top partner in Europe has made a pair of marquee hires for his new hedge fund.
Alura Capital Management, founded by Alain Demarolle, has added GLG Partners’ Mathieu Dubicq and PricewaterhouseCoopers’ Bernard De Lauzon, Business Insider reports. The former managed event-driven strategies at GLG, now part of the Man Group, after a stint at Mellon HBV. The latter was a vice president at PwC, where he focused on valuation, mergers and acquisitions, and litigation.
Demarolle left Eton Park, where he was a managing director, in June to launch Alura. Demarolle is one of France’s most prominent bankers, boasting stints at Salomon Smith Barney and Bear Stearns as well as a variety of government posts, most recently advising France on its sovereign wealth fund strategy.