Segantii COO Out

Oct 4 2013 | 10:11am ET

Segantii Capital's chief operating officer is leaving the Hong Kong-based hedge fund after just over a year.

Nigel Hellewell joined the firm, one of the fastest-growing hedge funds in Asia, last October. Segantii CEO Kurt Ersoy confirmed his planned exit but gave no further details, Reuters reports.

Hellewell was a partner at BlueCrest Capital Management before moving to Segantii. He formerly worked at Deutsche Bank, Capital Markets Co. and Ernst & Young.

Segantii, which soft-closed its flagship hedge fund last summer, manages US$780 million, an increase of 25% over the past 14 months. The fund is up about 4% this year, according to Reuters.

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