Ex-Goldman Prop. Trader, Hedge Fund Founder Joins Halcyon

Jun 4 2014 | 9:53am ET

Benros Capital co-founder Daniele Benatoff has returned to the hedge fund industry a year-and-a-half after shutting that venture, joining Halcyon Asset Management.

Benatoff will serve as co-head of the U.S. firm’s British affiliate, Financial News reports. His co-head will be named later.

A former Goldman Sachs proprietary trader, Benatoff will focus on merger, credit and special situations at Halcyon.

Benatoff and fellow Goldman prop. trading veteran Ariel Roskis founded Benros in 2011 with $300 million in seed capital from Brummer & Partners. The two shut the fund down less than two years later, after Brummer pulled the investment. Over its life, Benros lost about 7%.

“Halcyon is delighted to be adding a professional of Daniele’s caliber,” Halcyon chief operating officer Thomas Hirschfeld said.


In Depth

bfinance: Fees Falling Across Asset Classes, Yet Overall Investor Costs Still Climbing

May 16 2017 | 9:53pm ET

Despite unprecedented attention on fees, new research from investment consultancy...

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

Risk-Based Compliance: Why Oversight Of Outsourcing Is Critical

May 10 2017 | 7:02pm ET

Compliance is notoriously one of the trickiest middle office functions for funds...

 

From the current issue of