One Year Ago
»» Jean-Philippe Blochet left Brevan Howard Asset Management, the firm he started with four partners in 2002 (his is the B in Brevan). Blochet worked on the firm’s macro team, focusing on currencies, interest rates and global economic trends. In January 2010, two months after his departure, he joined Moore Capital Management as a senior portfolio manager focused on macro investing.
»» Émigrés from Trafelet Delta Funds and Kynikos Associates founded Harrier Hawk Management and launched the Harrier Hawk Master Fund, a long/short equity strategy, with $100 million. Partners Wayne Chambless and Ted Geary were head of research and head trader, respectively, at Trafelet Delta Funds. Schurr was a senior analyst at Kynikos Associates. The partners are now planning to launch a short-biased fund, Harrier Hawk Four Horsemen, in January 2011.
Five Years Ago
»» Jack Meyer launched Convexity Capital Management with $6.3 billion, making it the largest hedge fund launch in history. The former head of Harvard University’s endowment, Meyer raised $500 million from Harvard alone. Convexity steadily increased its assets, reaching $9 billion on July 2008. But by July 2009 assets had dipped to $8.56 billion and continue to remain in that vicinity, according to the AR Billion Dollar Club.
