People News: BlueCrest, JPMorgan, Greylock Capital, Citi

Exit Sign

Eugene Gokhvat, a money manager at $15bn BlueCrest Capital Management, is leaving the hedge fund firm run by Michael Platt, according to two people familiar with the matter.

Bloomberg News reports that Gokhvat, who worked at the New York offices of BlueCrest, declined to comment when contacted.

Bloomberg also reports that Greylock Capital Management hired money manager Jonathan Prin from JPMorgan Asset Management to lead the hedge fund’s research team.

Prin, 34, started Friday as a managing director at Greylock’s New York office, according to Ajata Mediratta, co-president of Greylock, which oversees about $850m. Previously, Prin worked as an emerging-market high-yield corporate-bond analyst who helped oversee some of JPMorgan’s portfolios. He declined to comment on his hiring.

Finally, Bloomberg reports that Manuel Medina-Mora, the head of Citigroup’s global consumer business, will retire on June 1 after his 44-year career at the company was tarnished with the discovery of fraud last year at the Mexico unit he once ran.

Medina-Mora, 64, will step down on June 1, the bank said in a memo Friday from Chief Executive Officer Michael Corbat. He’ll remain non-executive chairman of the Mexican unit, Banco Nacional de Mexico, according to the memo.

BlueCrest Money Manager Eugene Gokhvat Said to Be Leaving

Greylock Hires JPMorgan Asset Management’s Prin to Lead Research

Citigroup Co-President Medina-Mora Plans to Retire in June

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