Dubai: Millennium hires EM trader from Goldman
Millennium Management has hired Naveen Choppara from Goldman Sachs to run its emerging markets investments out of Dubai, the latest big name appointment by US multi-strats expanding at pace in the Middle-East.
Abu Dhabi: Brevan co-founder relocates
Brevan Howard co-founder Trifon Natsis is relocating to Abu Dhabi, as the Jersey-based macro manager, which runs more than $30bn, builds its presence in the U.A.E.
The new office is in the Al Sarab Tower and part of Abu Dhabi Global Market (ADGM), a financial centre in the capital of the United Arab Emirates which is attracting increasing numbers of hedge funds.
“Abu Dhabi and ADGM offers a transparent and business-friendly environment to the banking, fintech, and investment management industries,” said Alan Howard earlier this year.
New York: Fulcrum hires biz dev chief from Caxton
Fulcrum Asset Management has hired Christopher Carroll as head of hedge fund business development from macro rival Caxton Associates. He spent almost eight years at Caxton after a short spell at Schonfeld and joins London-based Fulcrum’s US office, which is led by Paul Seaton.