Ex-Hedge Fund Exec. Out At Dresdner

Nov 19 2007 | 7:05am ET

After less than a year as head of credit and equity derivatives, Mark Richardson is out at Dresdner Kleinwort, another casualty of the credit market crisis.

Richardson joined Dresdner at the beginning of the year from London-based hedge fund WMG, where he served as a partner beginning in 2004. His departure comes as Dresdner parent Allianz Group took a €575 million (US$843.4 million) write-down on credit market losses.

Joining him at the exit is Neil Walker, the former co-head of structured credit trading at Merrill Lynch who joined Dresdner just six months ago.


In Depth

The Benefits Of Private Debt Investing

May 7 2015 | 10:43am ET

Jeffrey Haas is chief operating officer of Old Hill Partners Inc., an SEC-registered...

Lifestyle

Yale Receives $150 Million Gift from Blackstone’s Schwarzman

May 12 2015 | 12:10am ET

Yale University announced it has received a $150 million gift from Blackstone Group...

Guest Contributor

How To Generate 6% Yield In A Volatile World

May 22 2015 | 6:41am ET

Private credit comes in many different flavors, all with the common themes of over...

 

Editor's Note