It's not just banks that are adding new traders in the depths of the supposed summer break. Tenaron Capital Management, a New York-headquartered hedge fund, has been hiring too.
Tenaron just recruited Nicholas Hall, a vice president European swaps trader from Goldman Sachs in London. Hall joined as a portfolio manager this August, according to his LinkedIn profile.
Tenaron was founded in New York in 2016 by Lykourgos Tsirakis, formerly of struggling hedge fund Field Street Capital Management, and Panos Korantzopoulos, a former global head of flow rates EUR, CHF and Scandi at Nomura. It opened a London office in November 2018 and has around $20bn under management globally.
Most of Tenaron's London hires happened in January 2019, when the fund migrated trader Tobias Wolf from its New York office and recruited repo trader Jens Loosen from Commerzbank.
The FCA Register suggests Tenaron only has four registered employees in London - Tsirakis, Korantzopoulos, Wolf and COO Peter Lurie. Hall appears to be the first London-based portfolio manager.
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