Dymon Names Goldman Exec. CEO

Jul 3 2012 | 10:43am ET

Dymon Asia Capital has hired its second top executive this year.

The Singapore-based firm named David Chan its new CEO, Bloomberg News reports. Chan most recently led Goldman Sachs' global macro trading effort in the region.

Chan's hiring follows that last month of former SAC Capital Advisors Asia chief Jay Luo as president and head of risk management and operations.

As with Luo's hire, Chan's is designed to allow Dymon founder Danny Yong to focus on managing the US$2.85 billion firm's money. But Chan, who hired Yong at Goldman Sachs 12 years ago and who worked with him for six, will also help out with the firm's interest-rate trading.

"Right now, the fund's investments are skewed towards foreign exchange, where a large part of our risk and our revenues are derived," Yong told Bloomberg. "David's strong foundation in Asian interest-rate trading, as well as his track record in building world-class trading businesses, will be hugely complementary to our existing business and will help us achieve our goal of becoming Asia's premier macro hedge fund manager."

Dymon is up 1% this year.


In Depth

Q&A: Executive Recruiter Talks Hedge Fund Closures, Hiring Trends

Dec 19 2014 | 6:58am ET

This year, hedge funds have been closing at a rate not seen since the financial...

Lifestyle

Cooper-Hohn Won't Contest Divorce Settlement

Dec 18 2014 | 9:51am ET

The ex-wife of hedge fund billionaire Christopher Hohn will not contest a divorce...

Guest Contributor

Alternative Investment Funds Face A Communications Imperative

Dec 19 2014 | 6:10am ET

A handful of the top alternative investment firms on both sides of the Atlantic...

 

Sponsored Content

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

December 2014 Cover

Futures 2014 person of the year

Jeff Sprecher was simply looking for a platform to trade energies when launching ICE 14 years ago but it has grown to reach the pinnacle of both the listed futures and equities world.

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.