BofA's Halestrap To BlueCrest

Mar 22 2012 | 2:36am ET

Ten years after founding his own hedge fund, Luke Halestrap has joined one of the industry's most well-established institutions.

Halestrap became a portfolio manager at BlueCrest Capital Management in January, Reuters reports. He works on the firm's US$10.8 billion global macro International Fund, helmed by BlueCrest founder Michael Platt.

Halestrap's move to BlueCrest marks a return to the industry for him. He founded the late Northbay Investment Management in 2002 before moving on to investment banking. Most recently, he was head of Europe, Middle East and Asia rates at Bank of America Merrill Lynch, a post he left last year.

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