Wednesday, 23 July 2014
Last updated 43 min ago
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.
Jul 8 2014 | 10:48am ET
The surge in derivatives regulation is among the most complex challenges facing the financial services industry today. Northern Trust’s Joshua Satten recently spoke with FINalternatives to share insights into the challenges presented by new regulation and explore how the industry is responding. Read more…