It's not just traders and researchers who can move from banking to hedge funds. Rokos Capital Management, the growing London hedge fund founded by former Brevan Howard trading star Chris Rokos, also has a thing for hiring from banks' more middle office functions, sometimes at a comparatively junior level.
Rokos' recent hires include a litany of programmers and quant developers, typically from a banking background. The fund is also hiring a new graduate with an interest in machine learning for its engineering function.
New recruits include Giovanni Merlin, a former analyst in market risk and capital analysis at Goldman Sachs, who joined Rokos this August after just 26 months at GS. Then there's Zlatko Stoev, who joined in July as a senior software developer after nearly five years at Barclays and a period contracting at Credit Suisse. Or Baris Acar, who also joined in July as a senior quantitative developer after 12 years at Barclays. In June, Rokos hired Mark Hoyle, a former head of quant technology at Fidelity Worldwide Investment. Rokos is also bringing on Andrew Taylor, a computer science graduate from the UK's Durham University who wrote a thesis on the application of machine learning in the retail sector.
Rokos' enthusiasm for hiring engineers and risk professionals from banks follows the arrival of Dan Azzopardi as chief technology officer from Barclays in December 2017. It also comes after the fund doubled the floor space at its headquarters at 23 Savile Row in January 2018.
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