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

GSAM's Papagiannis: Liquid Alternatives For The Long Run

Apr 21 2017 | 8:44pm ET

Interest in liquid alternatives cooled a bit last year amid a broad shift in investor...

Lifestyle

Aston Martin Returns To Debt Market As DB11 Drives Turnaround

Mar 31 2017 | 5:21pm ET

James Bond’s preferred carmaker is returning to the public debt markets for the...

Guest Contributor

Debunking Conventional Investment Wisdom (Part II)

Apr 17 2017 | 5:56pm ET

The alternative investment industry is currently replete with buzzwords around data...

 

From the current issue of