Alphabet Eyes Derivatives Traders

Jan 12 2012 | 6:06am ET

Hedge fund Alphabet Management is in the market for some new traders.

The New York-based relative value volatility specialist aims to hire several credit and equity derivatives traders over the next few months, HFMWeek reports. Alphabet is expanding into those strategies, beginning with the hire last year of an equity derivatives trader from Susquehanna International Group. It also added a foreign exchange trader in December.

"These new hires will broaden our geographical reach and improve our trading of these assets," Nelson Saiers, chief investment officer of the $640 million firm, told HFM. Alphabet's assets under management nearly tripled last year.


In Depth

Q&A: Decathlon Capital On Revenue-Based Alternative Lending

Oct 30 2017 | 3:49pm ET

The explosion in private credit activity since the end of the financial crisis is...

Lifestyle

CFA Institute To Add Computer Science To Exam Curriculum

May 24 2017 | 9:25pm ET

Starting in 2019, financial industry executives sitting for the coveted Chartered...

Guest Contributor

CAIS: How Technology is Disrupting the Alternative Investment Industry

Nov 7 2017 | 5:35pm ET

If there’s one thing that alternative investment professionals can agree on, it...