Thursday, 24 July 2014
Last updated 3 hours ago
Jul 14 2011 | 2:26am ET
Hedge fund Trafelet & Co. has added a Morgan Stanley derivatives trader and, appropriately as we are in the midst of the World Series of Poker, a pretty good poker player.
Jason Strasser was named lead analyst at Trafelet, reporting directly to firm founder Remy Trafelet, Business Insider reports. The 26-year-old had been an industrials and materials book runner at Morgan Stanley, which he joined in 2007.
Before that, he spent two years playing poker professionally, earning himself $1.3 million and playing in the 2006 World Series, the same one in which Greenlight Capital's David Einhorn came in 18th place.
Trafelet is a long/short equities fund.
Jul 8 2014 | 10:48am ET
The surge in derivatives regulation is among the most complex challenges facing the financial services industry today. Northern Trust’s Joshua Satten recently spoke with FINalternatives to share insights into the challenges presented by new regulation and explore how the industry is responding. Read more…