BlueCrest Adds Ex-Brevan Traders

Oct 25 2013 | 10:35am ET

A handful of the traders ousted from Brevan Howard Asset Management this summer have landed at BlueCrest Capital Management.

The London-based firm has hired a former team of five from Brevan, led by Jason Feasey and Wayne Leslie, Bloomberg News reports. The group left Brevan in August, among the roughly one dozen traders to exit that hedge fund in the wake of losses suffered by its flagship.

Leslie started at BlueCrest on Oct. 18, according to the Financial Conduct Authority register. He worked at Brevan for less than a year after leaving Goldman Sachs, where he was a managing director in European investment-grade credit trading.

Feasey joined Brevan in 2011 from Bank of America.

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