Ex-Star Goldman Trader Among Jabre Capital Hires

Aug 8 2011 | 12:56pm ET

A former top trader at Goldman Sachs headlines a slew of new hires at hedge fund Jabre Capital.

The Swiss firm, founded in 2006 by former GLG Partners star trader Philippe Jabre, added Mona El Isa in May to run a fundamentally-researched portfolio of U.S. and European stocks. El Isa, who earned a place in the late Trader Monthly's 2008 30 under 30 ranking, left Goldman in February.

According to Financial News, El Isa is currently managing money for Jabre's flagship Multi-Strategy Fund. If she proves successful, a stand-alone fund could be in the offing.

JabCap didn't start—and hasn't stopped—with El Isa. Instead, she is among at least a half-dozen new hires at the firm.

Earlier this year, former Credit Suisse head derivatives and convertible salesman Tom Teague joined the firm, followed by former Citigroup technology market-maker Thomas Kutzman, the latter as an U.S. equities trader. Later this year, three others are poised to join: Peter Hale, former head of international convertibles trading at Mizuho International, will become a convertibles trader at the firm; Julien Dumas-Pilhou will join from Putnam Investments, where he was a credit analyst; and Karim Khalil will come over from the Middle East and North Africa stock research team at Merrill Lynch.

Certainly, JabCap needs all the help it can get: The multi-strategy fund is down about 15% and its Global Balanced Fund more than 18%, FN reports. The hedge fund has moved about half of its assets into cash, cut leverage and increased its hedges in the wake of those losses.


In Depth

Fund Focus: Wainscott Capital Bullish On Biotech

Nov 24 2014 | 9:25am ET

While many hedge funds suffered losses in October’s rough markets, one fund bucked...

Lifestyle

Cohen Buys $101 Million Sculpture

Nov 12 2014 | 9:17am ET

Steven Cohen was the sole bidder for a rare Alberto Giacometti sculpture at Sotheby...

Guest Contributor

Why The Big Money Is Going To Europe

Nov 14 2014 | 6:03am ET

Peer-to-peer lending was invented with the individual investor in mind. But despite...

 

Sponsored Content

    For Hedge Funds, Mastering Data Is Key To Success

    Nov 4 2014 | 9:45am ET

    Data management is important to every business, but for hedge funds, it is critical. FINalternatives recently asked Peter Sanchez, CEO of Northern Trust Hedge Fund Services, how fund managers can deal with the demands of managing data while at the same time remain transparent and abide by operational best practices. Read more…

Editor's Note

    Guidelines for Guest Articles

    Oct 22 2014 | 9:46am ET

    We are always looking for guest articles from hedge fund managers and buy-side firms.

    If you are interested in submitting a contributed piece for possible publication on FINalternatives, please take a look at the specs. Read more…

 

Futures Magazine

November 2014 Cover

Building a better market

Reg NMS created a huge bifurcation in equity markets and while much of what has followed has been positive, in terms of lower fees and greater liquidity, many traders would like to see the market come...

The Alpha Pages

TAP July/August 2014 Cover

The Alpha Pages Interview: Senator Rand Paul

Senator Paul sat down in the debut series of the Alpha Pages Interview to discuss the broken tax code, regulation surrounding Bitcoin, and his plans for the 2016 Presidential election.