BlueCrest, Tilden Park Add Deutsche Bank Prop. Traders

Mar 28 2013 | 9:17am ET

Once again, a bank's loss is a hedge fund's gain, as BlueCrest Capital Management and Tilden Park Capital Management have snatched two traders from a shuttered Deutsche Bank proprietary-trading desk.

Mortgage-debt trader John Roach has joined BlueCrest and Michael Boyle, a commercial mortgage securities trader, Tilden Park, Bloomberg News reports. Both worked at a prop. desk that Deutsche Bank closed last month to come into compliance with new U.S. and European banking regulations.

At BlueCrest, Roach joins Matt Siravo, who joined the hedge fund from Deutsche Bank last month, and credit trader Stefano Galiani, who joined last year.


In Depth

PAAMCO: Will Inflation Deflate the Asset Bubble?

Jan 30 2018 | 9:49pm ET

As the U.S. shifts from monetary stimulus to fiscal stimulus, market pricing should...

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

Boost Hedge Fund Marketing ROI By Raising Your ROO

Feb 14 2018 | 9:57pm ET

Tasked with delivering returns on client capital, a common dilemma for many alternative...

 

FINalternatives Trending

From the current issue of