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.


In Depth

Q&A: George Schultze On His Fund's Unique Approach to Distressed Investing

Apr 16 2015 | 1:01am ET

George Schultze is a managing member of Schultze Asset Management, a long/short...

Lifestyle

Puerto Rico Woos The Rich But So Far Gains Little

Apr 17 2015 | 2:45am ET

Hedge fund manager Rob Rill grins. He has just had word that U.S. financial regulators...

Guest Contributor

Minnesota Supreme Court Rejects The Ponzi Scheme Presumption: Lenders Claw Back Some Of Their Own Rights

Apr 17 2015 | 9:23am ET

A recent court ruling in Minnesota has put an end to the Ponzi Scheme Presumption...

 

Editor's Note