Credit hedge fund 400 Capital Management has boosted its structured finance team with the hire of Jane Street Capital's Todd Leih.
Leih was a senior portfolio manager at Jane Street, a quantitative proprietary trading firm. As at his new job, Leih handled structured finance strategies at Jane Street. Prior to that, he worked at Banc of America Securities on non-agency mortgage credit and derivative strategies.
Chris Hentemann, who founded New York-based 400 Capital, is also a BofA Securities veteran, having formerly led its structured products business.
Leih will work alongside Alex Cha and Kai Fung at 400 Capital, which has some $400 million in assets under management, the firm said.