Melkman's Light Sky Macro Taps Saragoussi For Trading Strategy Role

May 12 2017 | 7:58pm ET

Ben Melkman's macro hedge fund manager Light Sky Macro has reportedly hired former Deutsche Bank executive Jérôme Saragoussi to be its director of trading strategy.

Saragoussi, who was most recently Deutsche Bank Securities’s director of rates, volatility and relative value, resigned from the company earlier this week, according to a Business Insider article citing unidentified individuals familiar with the matter. 

Melkman founded New York-based Light Sky in June 2016 following a successful stint managing Brevan Howard’s $500 million Argentina fund. He went on a hiring spree late last year, bringing aboard veteran risk executive Barry Schacter, former BofA global economics head Alberto Ades, and former Realm Partners CFO Doug Spiegel. 

The firm is thought to be backed by a range of high-profile investors, including Point72’s Steven Cohen, Coatue Management founder Philippe Laffont, Moore Capital’s founder Louis Bacon and Third Point founder Dan Loeb. As of late February, it was aiming for a first quarter launch with AUM of around $400 million. 

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