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Citi Prime Brokerage Singapore Head Leaves Co-Sources

Tuesday, November 25, 2008 : Permalink

CNN Money – In another sign the financial crisis is hitting Asia’s once booming hedge-fund industry, Alexis Fosler, the head of Citigroup Inc.’s ( C) prime brokerage team in Singapore has left the company, two people familiar with the situation said Tuesday.

Fosler was leading a three-person team that was set up more than a year ago to serve hedge funds clients in the island. She had previously worked in the offshore banking industry based in the British Virgin Islands.

One person said Citigroup remains committed to the Singapore prime broking business despite Fosler’s departure.

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Tags: ageing-population, citgroup, contagion, curbs, deviations, domicile, lengthy-prison-terms, onshore, rebound, stock-fund, volatile-performance

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Moore Hires Greg Coffey as European Co-Chief Investment Officer

Monday, November 3, 2008 : Permalink

Bloomberg – Moore Capital Management LLC, founded by Louis Bacon almost two decades ago, tapped Greg Coffey, former GLG Partners Inc.’s top-performing money manager, to be co-chief investment officer of Moore’s European business.

Coffey, 37, will join London-based Moore Europe Capital Management LLP with a 12-person team. Eric Dannheim, a senior member of that team will become chief operating officer of Moore Europe.

“Greg Coffey is one of the most impressive trading professionals operating anywhere in the world today,” said Bacon in a statement announcing the hires. “I have known Greg for a number of years and we have similar views with respect to markets and investment decisions,” he said.

Bacon, 52, has been the sole chief investment officer for the New York-based firm since he started it in 1990. A so-called macro investor — chasing macroeconomic trends by trading stocks, bonds, currencies and commodities — he’s been adding employees and attracting capital this year even as other funds have been firing personnel and facing client withdrawals in the worst economic crisis since the Great Depression.

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Citi Prime Brokerage Singapore Head Leaves Co-Sources

Moore Hires Greg Coffey as European Co-Chief Investment Officer

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