Opalesque Industry Update – $4.5bn MKP Capital Management is looking to expand its global reach through Europe and the Middle East by opening a London office. The firm announced on Wednesday that Karim Nsouli, Emerging Markets Portfolio Manager has already relocated to the city along with other team members to oversee the May 2011 opening, and MKP will also be hiring additional London-based staff. |
MKP Founder and CEO Patrick McMahon said in a statement “The opening of our London office and additions to the New York team reflect our commitment to building upon the values that have helped us deliver industry-leading risk adjusted returns for over 15 years.”
The firm also announced the expansion of its New York offices with hires across several areas including:
John Li joins as Director and Portfolio Manager and will be responsible for U.S. Rates strategies. Li spent more than 10 years at Deutsche Bank, serving most recently as Director of UST Swaps Trading.
Raffaele Ghigliazza, Ph.D., joins as a Director and Risk Manager, reporting to Chief Risk Officer, Henry Lee. Prior to joining the firm, Ghigliazza worked for four years within the Structured Risk Advisory group at JPMorgan developing models for risk in various asset classes.
David Burke joins as a Director with responsibility for Client Development. Burke was previously Managing Director and Head of Strategic Initiatives at hedge fund Arrowhawk Capital Partners.
Sean Perrota joins as Vice President and Associate Portfolio Manager and will be responsible for MKP’s financing activities. Perrota was most recently at Goldman Sachs Asset Management, specializing in providing long and short financing to fixed income hedge funds and separate accounts.