New York-based Macro Risk Advisors, an equity derivatives strategy and execution broker-dealer, has made three senior hires to service its growing client base.
Michael Buckjune, Ed Lalanne and Frank Trentacoste have joined the firm, which provides services to a client base of institutional and alternative managers with collective AUM in excess of $150 billion.
“Michael, Ed and Frank bring deep understanding of risk across multiple markets,” said Dean Curnutt, founder and CEO of MRA, in a statement. “Their expertise will give our buy-side clients, including many of the industry’s largest hedge funds, the global risk perspectives they need in these dynamic and challenging markets.”
Buckjune joins as a managing director responsible for growing the firm’s institutional sales effort. He was formerly the global head of trading at Fortress Drawbridge, a macro hedge fund. Prior to that, he ran the trading desk at Cramer Berkowitz, a long/short hedge fund.
Lalanne joins as a director, assuming a leading role in evaluating systemic risk and providing recommendations on reducing portfolio volatility. He was formerly a managing member at Greengold Capital, a start-up global macro hedge fund and prior to that was a risk
arbitrageur at the hedge fund March Partners. He began his career as a Nasdaq market maker and an equities program trader at Lehman Brothers.
Trentacoste, a CFA charterholder, joins as a managing director, focusing on bottom-up analysis. He has seven years of buy-side portfolio management experience and his process combines option pricing and fundamental insights. He was formerly a portfolio manager of both the Ridgecrest Fund and Industrial Harvest Fund at Ridgecrest Partners. Prior to
that, he was a cofounder and partner at Vault Partners, a global equity, thematic hedge fund. He has also worked for Javelin Partners, Bankers Trust and Deutsche Bank.