Jefferies Names Hedge Fund Vet Head Of Asia Sales

Apr 12 2011 | 1:08pm ET

Jefferies Group has hired Paul Krake as head of hedge fund sales in Asia, one of six hires it made to boost its Asia equities sales business.

Krake joins from hedge fund Creighton Capital Management, where he managed a socially-responsible investment fund, Tatanka Asset Management. He formerly worked at hedge funds Corus Capital Management, Caxton Associates and Moore Capital Management, as well as at Goldman Sachs and Macquarie Bank.

Krake is based in Hong Kong.

"We are very pleased that these veteran professionals have joined our growing equities platform in Asia and believe their extensive experience and strong relationships will make an immediate contribution in serving our institutional clients," Jefferies Asia CEO Michael Alexander said. “These hires are part of Jefferies’ strategy to provide our clients with high quality ideas and insight coupled with first class execution and distribution globally."

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