AlphaMaven AlphaMaven

Anacapa, Brevan Howard, Qube and BNP Paribas all with some big name moves with week.

Reported by Linkedin
Sep 22, 2023· 2 min read
Save Post LinkedIn Email
Key Takeaways
  • • Anacapa Advisors expands senior leadership with the addition of Sam Rosenberg as Head of Business Development and Mark Wayner as Senior Fund Manager, bringing combined 60+ years of experience from tier-one hedge funds and global banks including Citadel, Bank of America, and BNP Paribas.
  • • Brevan Howard intensifies trader recruitment globally, recently hiring Markus Hveem (portfolio manager from JPMorgan Paris) and Chris Almeida (equity derivatives trader with ~10 years at Bank of America across Sydney, Hong Kong, and New York), signaling continued expansion of its trading operations.
  • • Senior talent migration accelerates across major financial institutions, with experienced portfolio managers and derivatives specialists moving from bulge-bracket banks (JPMorgan, Bank of America) to specialized hedge fund platforms, reflecting competitive compensation and strategic focus in the alternative investment space.
Summary
Anacapa Advisors, a California-based hedge fund specializing in market direction strategies, has strengthened its leadership infrastructure with two significant senior hires. Sam Rosenberg joins as Head of Business Development, bringing three decades of experience that includes leadership roles at hedge funds managing assets exceeding $1 billion, including tenures at Natixis and Société Générale. Mark Wayner, appointed Senior Fund Manager, will work directly with CEO and Founder Phil Pecsok on daily portfolio management and brings 30 years of specialized expertise in futures, derivatives, and options trading from previous positions at Citadel, Bank of America, and BNP Paribas.

Concurrently, Brevan Howard, the Jersey-headquartered global macro hedge fund co-founded by Alan Howard, continues an aggressive international recruitment campaign targeting trading talent across hedge funds and banks worldwide. The firm recently brought on Markus Hveem, who transitions to a portfolio manager role in Geneva after spending two years at JPMorgan's Paris office, and Chris Almeida, who departed Bank of America following nearly a decade as an equity derivatives trader operating across Sydney, Hong Kong, and New York. According to eFinancial Careers, this represents part of Brevan Howard's broader effort to expand its trading team.

The flurry of senior personnel movements across Anacapa, Brevan Howard, and other major financial institutions reflects intensifying competition for specialized talent in the alternative investment sector. The migration of experienced portfolio managers and derivatives specialists from established banking platforms to focused hedge fund operations underscores the continued appeal of specialized macro and systematic trading strategies, alongside the competitive compensation packages available in the hedge fund space.

Go deeper than the headline

Research every firm in this story, track the ones that matter and get the daily briefing — free for 7 days.

Start your free 7-day trial

Sources

1 outlet

AlphaMaven summarised this story from the reporting below. Each link opens the original article.

Linkedin Anacapa, Brevan Howard, Qube and BNP Paribas all with some big name moves with week.