Sector: Asset Management
BlueCrest partners share $50m
Partners in BlueCrest Capital Management, a $6bn (€4.9bn) hedge fund 25% owned by Man Group, shared at least $50m last year. Most of the payout is understood to have been split between Mike Platt and Bill Reeves, who founded the business in 2000 and own 75% of it. The $50m comes on top of 39m [...]
Job Wrap: Hiring spree at Calyon
Calyon, the French investment bank, put paid to notions that the French spend all of August prostrate somewhere on the Côte D’Azur last week. It was the week’s most vigorous hirer, adding four staff members and promoting one more. New recruits included Steve Nutland from Bank of America, who joined as global head of foreign [...]
Job Wrap: Chambers quits Man in search of new opportunities
While most people were relaxing somewhere hot, the fund management sector was the venue for numerous hires and departures last week. Top of the bill was the revelation that the chief executive of Man Investments planned to quit at the end of August. Chris Chambers, chief executive of the hedge fund business and a former [...]
Banks staff up to work real estate markets
While homeowners on both sides of the Atlantic are revelling in higher house prices, financial services firms are also benefiting from a healthy real estate sector, and adding staff to deal with demand. Real estate-related financial services jobs fall into three broad categories: M&A advisory, financing, and real estate fund management. Recruiters report recruitment across [...]
Recruiters look to specialisation as established fields cut back
The cash cows can no longer be milked. In the late 1990s M&A, equity and corporate finance may have provided a steady stream of income for investment banks and headhunters alike. But times have changed. With mandates for M&A searches a thing of the past, headhunters are looking to new areas to replace lost revenue [...]
UK
