Sat, Oct 1, 2016
A A A
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. Opalesque Exclusive: BlackRock taps Artivest for alternative investment platform partnership[more]

    Bailey McCann, Opalesque New York: BlackRock will be working with New York-based Artivest to provide a platform for broader distribution of BlackRock alternatives funds. Artivest is a technology-driven alternative investment platform that also offers brokerage services. BlackRock has approximatel

  2. Eden Rock buys Gottex stake in ERG Asset Management[more]

    Matthias Knab, Opalesque: Eden Rock Group announced the purchase of Gottex’s stake in ERG Asset Management and so the firm is now wholly owned by Eden Rock. The two firms established the joint venture in 2011 to focus on providing cost effective solutions to funds holding illiquid investments, as

  3. "Hedge fund industry needs to shrink"[more]

    Komfie Manalo, Opalesque Asia: Writing for CNBC, Josh Brown, creator of The Reformed Broker blog and financial advisor for Ritholtz We

  4. Strategy - Voyager Management wants to invest in smaller hedge funds[more]

    From Valuewalk.com: Voyager Management, a $475 million fund of funds, is looking to downsize the hedge fund’s in which they invest, looking for smaller funds with assets under management that enable the fund to be nimble. The fund is looking for noncorrelation and will consider long / short equity

  5. Asia - Quant hedge funds are China's hot new export, Europe banks return to Korean brokerage market; target debt, alternative products[more]

    Quant hedge funds are China's hot new export From Bloomberg.com: Add China’s quant shops to the list of hedge funds branching out across Asian markets. Quantitative money managers from the world’s second-largest economy are opening offshore funds at a never-before-seen pace, according to