Tudor Hedge Fund Hires Leading IMF Official
FT reports: Hedge fund billionaire Paul Tudor Jones has hired one of the International Monetary Fund’s most senior officials in a move highlighting the attraction of private sector careers for top public sector figures.
Lorenzo Giorgianni, the deputy head of the IMF’s policy department, will join Paul Tudor Jones’s Tudor Investment Corporation in October, according to sources
Anatoly Nakum, former co-head of North American debt trading at UBS has moved to the buy side to join New York-based credit hedge fund Lucidus Capital, Bloomberg reports.
Nakum will run the long short-credit strategy alongside William Gaberlavage and will be re-united with former colleague David Gallers, who ran the UBS’s CDS index trading team until October last year and who focuses on CDS index trading at Lucidus.
Ares Hires Ex-Blair Adviser for Europe Deals
Los Angeles-based fund manager Ares Management has appointed Charles Steel, a former adviser to Tony Blair and a one-time Carlyle Group investment executive, as managing director in charge of private equity deals in Europe, as it seeks to expand outside its home turf.
Ellington Hires GMAC Mortgage Head for New Business
Ellington Management Group LLC, the $5.5 billion investment firm founded by Michael Vranos that specializes in mortgage-backed bonds, hired Steven Abreu from GMAC Mortgage to start an origination business.
Abreu, the former president of GMAC Mortgage, starts at Old Greenwich, Connecticut-based Ellington today in the newly created role of head of mortgage originations, the company said in a statement, a copy of which was obtained by Bloomberg News. Abreu will seek to buy one or more originators through its publicly traded affiliate, Ellington Financial LLC (EFC), according to the statement.