Burch Leaves Millennium For Goldman Sachs

Jun 7 2012 | 10:43am ET

One prominent trader is swimming upstream against a flood of colleagues leaving banks for the hedge fund industry.

Jeffrey Burch has left Millennium Management for Goldman Sachs, Financial News reports. At the bank, which he joined last month, Burch works in the Europe, Middle East, Africa and Asia private banking group, where he manages fixed-income products.

Burch left Millennium, where he was a trader at the firm's London office, in September, just over a year after joining the firm. It was his second short-lived stint in as many stops; Burch's tenure at Investec Asset Management, where he was co-head of credit, lasted only a year. Burch also formerly worked at BlueMountain Capital Management and Bank of America.

Burch's departure from Millennium coincided with the exit of Iftikhar Ali, whose arrival at the hedge fund preceded Burch's by a month.


In Depth

Q&A: TCA Fund Management's Bob Press on Small-Cap Private Equity

Aug 25 2016 | 8:55pm ET

The emergence of private credit as a replacement for traditional bank financing...

Lifestyle

Kiawah: Island Reversal

Aug 24 2016 | 9:59pm ET

Looking for real estate investments but the typical real estate fare isn’t cutting...

Guest Contributor

Old Hill Partners: Embrace Illiquidity

Aug 9 2016 | 2:39pm ET

The age-old financial concept that higher yields are the result of higher risk and...