These hedge funds and trading houses have recently set up in London and may be interested in receiving your CV

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Newly hatched, may be hiring

(Photo credit: RobynAnderson)

The near-death experience of Knight Capital could be taken as a sign that you should restrict your employment aspirations to universal banks with minimal liquidity risk and backing from governments as lenders of the last resort. As Brad Hintz, an analyst at Bernstein Research, pointed out in a note over the weekend, these banks are far less likely to face a fatal funding squeeze.

On the other hand, however, big government-backed banks aren't really hiring. As we noted last week, many of them can't really afford to hire. Those that can are choosing to cut their costs anyway and are more likely to fire than hire.

In the circumstances, you might therefore be better off sending your CV to newly formed hedge funds and trading funds, many of which have been set up by ex-bankers who've broken out of large firms. Courtesy of research firm IMAS, these were the most interesting newcomers in London in June.

1. Higgs Capital Management 

What?

A commodity hedge fund covering energy, agriculture and metals set up by Neal Shear and Jean Bourlot. Bourlot was the former head of commodities at UBS. Shear spent 25 years at Morgan Stanley, where scaled the hierarchy until he oversaw all of sales and trading, before leaving to work at Apollo Management for 17 months and then going to UBS as head of sales and trading for a year.

Why? 

Shear and Bourlot are incredibly well connected. So far, they've hired four registered persons, details of whom are on offer here. 

Where to apply?

Contact details are available via the FSA register. However, Bourlot insists they are NOT hiring and doesn't want anyone to send in their CV. 

2. Frere Hall Capital Management 

What?

It's another new commodities hedge fund, this time set up by Taimur Hassan, an ex-Goldman MD and prop trader who was responsible for oil trading across Europe, the Middle East and Asia, at Goldman.

Why? 

Hassan is likely to attract big backing. So far, he's hired two registered persons. 

Where to apply?

Unfortunately, we don't have an email address or telephone number for Frere Hall. But their postal address is here. 

3. Eladian Partners

What?

'A a global multi-asset class trading firm built on cutting edge technology combined with sophisticated quantitative trading strategies.' Set up by Peter Kent, a former 'Global Head of Broker-Dealer Execution Services and Sales' at Citigroup.

Why?

Eladian has actually come out and declared itself to be hiring. It says it's looking for new team members and is inviting applications to its quant research, trading and technology teams. In addition to Hunt, there are currently 6 registered employees in London.

Where to apply?

Visit the website. 

4. Dashwood Asset Management 

What?

A, 'specialist alternative asset manager' providing, 'active investment products and services for professional investors, high net worth individuals and family offices with the emphasis on UK, Europe and the MENA region.'

Dashwood was founded by Stavros Loizou. Stavros was chief executive of Lewis Charles Securities, which expanded rapidly in 2008 and 2009 employing around 40 people at its peak before it was hit by an unauthorised trading deal. 

Why?

Loizou has form. So far, Dashwood only amounts to himself and one other authorised person.

Where to apply?

Contact details are here. 

5. Zaoui Capital 

What?

A brand new firm set up by the French brothers Michael and Yoel Zaoui. Michael Zaoui spent 22 years at Morgan Stanley and was head of European M&A before retiring in 2008. Yoel spent 24 years at Goldman Sachs and was co-head of global M&A before retiring in April.

Why?

Michael and Yoel are M&A banking royalty.

Where to apply?

Zaoui Capital is so new that it doesn't yet have an office, let alone a website. Bloomberg says the company is registered to the London office of the US law firm Schulte Roth & Zabel LLP.

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