Tue, Dec 1, 2015
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Industry Updates

Prologue hires US agency mortgage veterans and moves office

Monday, May 14, 2012
Opalesque Industry Update - Prologue Capital, LLP (‘Prologue’), a global/macro investment firm that manages a discretionary fixed income strategy, today announced that Michael Chapey and Noah Estrin have joined the firm.

Mr. Chapey, Portfolio Manager, will work from the firm’s Greenwich, CT office and reports to Graham Walsh, founding partner and Chief Investment Officer. Mr. Estrin, a Senior Portfolio Manager will also be based in Greenwich and will report to Mr. Walsh. Both will focus on trading U.S. Agency mortgages.

“Michael and Noah both have proven track records and will add to the firm’s deep expertise,” said David Lofthouse, CEO.

Mr. Chapey’s joins Prologue after spending 15 years as managing director at RBS Greenwich Capital, where he was head trader for the agency mortgage trading desk. During his tenure at Greenwich Capital, Mr. Chapey was responsible for making markets for clients, as well as trading and managing the risk of a proprietary trading account. Prior to joining Greenwich Capital, Mr. Chapey spent 10 years at Prudential Securities where he became a managing Director and head trader for the agency mortgage trading desk. He has a BS in Business from Providence College.

Mr. Estrin rejoins Prologue after moving to Jeffries in 2011 where he was head of mortgage trading. Prior to that, he was co-head of agency mortgage trading at RBS Greenwich, and before that, he worked at Donaldson, Lufkin & Jenrette. He is a CFA, a qualified Actuary and holds a B.S. in mathematical science and B.A. in economics from John Hopkins University.

“Michael and Noah both bring unique skills to our firm and will help us identify opportunities and trends in the mortgage market,” said Mr. Walsh.

In addition, the firm announced it has moved to a new, larger office in Greenwich, CT, located at 20 East Elm Street.

What do you think?

   Use "anonymous" as my name    |   Alert me via email on new comments   |   
Today's Exclusives Today's Other Voices More Exclusives
Previous Opalesque Exclusives                                  
More Other Voices
Previous Other Voices                                               
Access Alternative Market Briefing

  • Top Forwarded
  • Top Tracked
  • Top Searched
  1. Other Voices: Hedge fund marketing and the selling cycle[more]

    By Bruce Frumerman. How long is the selling cycle now? That’s a question my financial communications and sales marketing consulting firm has been asked on a regular basis by hedge fund firm owners and sales people, ever since we opened the doors to our firm in 1987 pre-crash. Wa

  2. People - Solus Alternative Asset Management adds chief strategist from BTIG[more]

    From PIonline.com: Daniel Greenhaus joined hedge fund manager Solus Alternative Asset Management as managing director and chief strategist. He will work closely with Chris Bondy, Solus’ chief economist, managing director and executive vice president, said Chris Pucillo, CEO and chief investmen

  3. Commodities - Stung by oil, distressed-debt traders see worst losses since '08[more]

    From Bloomberg.com: It’s mid-November, but for investors who trade in the debt of distressed companies, the year’s already done -- and they lost. Hedge funds that specialize in the debt are grappling with their worst declines in seven years. Funds managed by Knighthead Capital Management, Candlewood

  4. Opalesque Roundtable: Seeding deal terms can be onerous for hedge funds[more]

    Benedicte Gravrand, Opalesque Geneva for New Managers: Executives from fund of funds firms, family offices, a placement agent, a private equity firm, and an accounting firm gathered in Connecticut last month for the

  5. Opalesque Roundtable: Family offices flock to co-investment[more]

    Bailey McCann, Opalesque New York: Co-investments have been a hot topic for pension funds in recent years, as they try to move away from high fees and improve transparency. But now, family offices are more readily getting into the mix and establishing in-house deal teams, according to the delega