Service Providers
Derivatives Expert Quits Diamond Lake
June 10, 2008
Diamond Lake Investment Group, the hedge fund firm set up by former Merrill Lynch investment banking co-chief Dow Kim, has suffered another setback with the departure of Namuk Cho.
New York-based Diamond Lake, once expected to garner as much as $3 billion in assets, has been forced to delay its debut fund as it struggles to raise money. Now it has lost Cho, part of an all-star team of hedge fund and Wall Street veterans lured by Kim to his new venture.
Cho has joined BNP Paribas as managing director for flow, hybrids and exotics trading for the Americas. He succeeds Pascal Leyo, who was named head of options proprietary trading for the Americas two months ago.
Prior to joining Diamond Lake, Cho served as head of U.S. derivatives trading at UBS for three years.
- Share:
-
-
-
-
-
-
-
-
-
-
Print This
Send This
ReprintsMore News
- ConvergEx Buys Boutique Prime Brokerage Firm
- TBG Taps Alternative Investment Vet To Lead Marketing
- Insparo Adds Africa Marketer-Manager
- Madoff Trustee And His Law Firm Seek Another $22 Million
- EIP Opens Alelph Fund To Outsiders
- Citadel Nabs First Bond Underwriting Gig
- Citi Pulls Seed Funding From Credit Hedge Fund
- Pharos Financial Launches Agriculture Fund
- SAM Capital Names COO, Targets U.S. Investors
- Millennium Vet To Launch Commodity Fund In Jan.
- Paulson Gold Fund Features Lockup, $10M Minimum
- Jupiter Gives Hedge Fund Investors An Out
- Thames River Plans Fund Of Absolute Return Funds
- Gartmore’s Hedge Fund Biz. Set To Grow
- OppenheimerFunds Settles ‘Hedge Fund’ Lawsuit
Sign Up For FINalternatives
Upcoming Events
This Week's Most Viewed
Guest Contributor
Dynamic Decisions Case: Are Feeder Funds Benefiting By Calling It Fraud?
Gabriel KurlandBy Gabriel Kurland: On November 12, 2009, the U.K.’s Serious Fraud Office (“SFO”), an independent government department that investigates and prosecutes fraud and corruption cases, announced that it is probing the London-based, Dynamic Decisions Capital Management Ltd., after the matter was referred to it by the Financial Services Authority. More...
- Part I: Hedge Fund Due Diligence -- Insider Trading
- Mandatory Forex Registration Looms Large
- Leveling the playing field? House Committee Approves SEC Registration For Some Private Fund Advisers, Exempts Others
More guest contributors
Cleantech Corner
Ireland Launches $40 Million Seed Fund
Ireland has launched the EUR 26 million ($40 million) Bank of Ireland Seed and Early Stage Equity Fund to invest in startup and early stage companies. More...
- Report: World’s Biggest Firms Still Bullish on Cleantech
- New Private Equity Firm To Focus On Cleantech Sector
- Soros Announces $1 Billion-Plus Commitment To Clean Energy
More Cleantech
