Segantii Capital Management recruits from rival firms

Segantii Capital Management recruited three people, including one from UBS, as its hedge-fund assets expanded by about 40% since August.

Bloomberg News reports that the firm, whose assets have surged to about $1.7bn over the past eight months, hired Pascal Guttieres, UBS’s former Asian head of block trading, Kurt Ersoy, Segantii’s chief investment officer, said in an e-mail.

Segantii also recruited Joseph Chang, an event-driven trader most recently with Davidson Kempner Capital Management and Stephanie Chen as portfolio risk management analyst from Eton Park Capital Management’s New York office.

Segantii joins the ranks of successful hedge funds such as Balyasny Asset Management and Hutchin Hill Capital stepping up hiring in Asia, anticipating more investment opportunities in volatile markets. 

To access the complete Bloomberg News article hit the link below:

Segantii Recruits From UBS, Rival Hedge Funds as Assets Swell

Global Finance Chiefs Get `Therapy' as Growth Imperiled

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