Trafelet Hires Morgan Stanley Derivatives Trader

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.

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