Friday, 27 March 2015
Last updated 21 min ago
Jan 15 2013 | 10:34am ET
A top lieutenant to former Moore Capital Management trader Greg Coffey has now left the hedge fund herself.
Soraya Chabarek left Moore, where she was made a partner last year, last week, The Independent reports. Chabarek had joined Moore alongside Coffey, formerly GLG Partners' star trader who bolted to Moore in 2008. Coffey retired in October.
Sources told the Independent that Chabarek's exit was "inevitable" after Coffey left and that other members of his former emerging markets team could follow. A dozen people followed him from GLG to Moore.
Coffey's fund was liquidated after his exit; it had posted disappointing returns during his time at Moore.
Chabarek's plans are not clear; she focuses on marketing and relationship management, especially in the Middle East. Her departure is the first major exit at Moore since Coffey's.
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