Bloomberg - BlueCrest Capital Management expands in equities

Hedge Fund

Billionaire Michael Platt’s BlueCrest Capital Management has expanded its Hong Kong equity team to 11 fund managers and analysts, said a person with knowledge of the matter.

Bloomberg News reports that the latest addition was Karyo Oh, a fund manager who started this week, said people with knowledge of the matter, who asked not to be identified as the information is private

BlueCrest started the Hong Kong office last year to house its Asian equity team, led by former Barclays Managing Director James Chen, and built it up as it opened its $1bn global equity hedge fund directly to investors earlier this year. The hedge-fund firm is diversifying from its focus on interest rates and from using computers to capture trends in bonds and commodities.

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BlueCrest Said to Have Built 11-Person Equity Team in Hong Kong

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