Saturday, 18 April 2015
Last updated 17 hours ago
Apr 10 2013 | 9:41am ET
BlueCrest Capital Management has nabbed an asset-backed securities trader from DW Investment Management.
Shaun Heelan will focus on ABS and commercial mortgage-backed securities at the London hedge fund, Bloomberg News reports. The portfolio manager will be based in New York and will oversee securitized-debt investments alongside John McNiff.
Heelan, like McNiff, is a Bank of America veteran.
BlueCrest, which has US$35 billion in assets under management, is trying to build an "investment-bank quality" trading team, and is focused especially on mortgage debt.
In addition to DW, which manages money exclusively for Brevan Howard Asset Management, and BofA, Heelan formerly worked at Merrill Lynch.
Mar 20 2015 | 12:45pm ET
StreetWise Partners, a non-profit organization that works with low-income individuals to help them overcome employment barriers, raised over $275,000 at the 2015 Raising the Ante Charity Poker Tournament and Casino Event last Wednesday evening at Capitale. Here are some photos from the event. Read more…