Trader Leaves Brevan Howard For Fenician Capital

Jul 21 2011 | 12:00pm ET

The third of four Morgan Stanley veterans who joined Brevan Howard Asset Management in late 2009 and early 2010 has left the hedge fund for another.

Geoffrey Houlot, an equities trader at Brevan since he joined the firm in January of last year, resigned last month, Financial News reports. He has joined hedge fund Fenician Capital, headed by former Morgan Stanley proprietary trading chief Corrado Abbattista.

Houlot joined Brevan just months after another former Morgan Stanley prop. trading chief, Fabrizio Gallo, and head of equity structuring Richard Chau joined the hedge fund. Chau quit in March and Gallon in May, the latter to become co-head of global equities at Bank of America Merrill Lynch.

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