Tuesday, 3 May 2016
Last updated 2 hours ago
May 11 2011 | 10:21am ET
MKP Capital Management, a $4.5 billion hedge fund shop, has opened a European office in London and expanded its executive team in New York.
Karim Nsouli, emerging markets portfolio manager, has relocated to London along with several other team members for the office’s May 2011 opening. The firm will also hire additional London-based staff. The London office will serve clients in both Europe and the Middle East.
“The opening of our London office and additions to the New York team reflect our commitment to building upon the values that have helped us deliver industry-leading risk-adjusted returns for over 15 years,” said Patrick McMahon, MKP founder and CEO. “With these developments, we are bolstering our insights into worldwide investment opportunities, strengthening our comprehensive risk management culture, and enhancing client service to our global investor base.”
In New York, the firm has hired John Li as director and portfolio manager. Li comes to MKP from Deutsche Bank where he spent 10 years, most recently as director of UST swaps trading. In his new post Li will be responsible for U.S. rates strategies.
Raffaele Ghigliazza, formerly with JPMorgan’s structured risk advisory group, joins as a director and risk manager.
David Burke joins as a director with responsibility for client development. Burke was previously managing director and head of strategic initiatives at hedge fund Arrowhawk Capital Partners.
Sean Perrota joins as vice President and associate portfolio manager responsible for MKP’s financing activities. Perrota comes from Goldman Sachs Asset Management, where he specialized in providing long and short financing to fixed income hedge funds and separate accounts.