Sun, May 1, 2016
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Industry Updates

D. E. Shaw Group strengthens its macro investing unit with two senior economist hires

Thursday, March 07, 2013
Opalesque Industry Update: The D. E. Shaw group, a global investment and technology development firm, announced today that Ángel Ubide, Ph.D. and Brian Sack, Ph.D. have joined as Senior Vice Presidents and Co-Directors of Global Economics in the D. E. Shaw group’s discretionary macro investing unit. Max Stone, a Managing Director and member of the firm’s five-person Executive Committee, oversees that unit.

“We’re incredibly excited to welcome Ángel and Brian to our team,” said Mr. Stone. “Our macro team casts a wide net in terms of asset class and geography, and having these two talented individuals’ insights strengthens our capabilities in several dimensions as we source and analyze trades in global markets.”

Dr. Ubide joined the firm from Tudor Investment Corporation, where he was director of global economics. Prior to his tenure of more than a decade at Tudor, Dr. Ubide served as a staff economist at the International Monetary Fund and as an associate at McKinsey & Company. He is also currently a Senior Fellow at the Peterson Institute for International Economics. Dr. Ubide will split his time between the firm’s Washington, D.C. and New York City offices.

Dr. Sack joined from the Federal Reserve Bank of New York (“FRBNY”), where he was an executive vice president and served as a special adviser to the bank’s president. From mid-2009 to 2012, he served as head of the FRBNY’s Markets Group and managed the Federal Reserve’s System Open Market Account portfolio. Previously, Dr. Sack was with Macroeconomic Advisers, and before that he served for six years at the Board of Governors of the Federal Reserve System, where he last was head of the Monetary and Financial Market Analysis section. Dr. Sack will split his time between the firm’s Boston and New York City offices.

D.E. Shaw

Press Release

BM

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. Hedge funds see $14.3bn outflows in Q1, CTAs and multi-strategy lead net inflows[more]

    Komfie Manalo, Opalesque Asia: The hedge fund industry saw net outflows of investor capital in the first quarter of the year, totaling $14.3bn, data from Preqin showed. This continues from the $8.9bn overall net outflows that funds recorded in Q4

  2. Third Point calls Q1 "catastrophic" for hedge funds[more]

    Bailey McCann, Opalesque New York: The first quarter of this year was rocky for hedge funds based on aggregate performance from the industry, but now we are beginning to hear what the managers thought of it as quarterly letters make their way to investors. Dan Loeb, CEO of New York-based $17 bill

  3. Asia - Stabilization of China's capital outflows may hinge on Janet Yellen, Fink says China to do well this year as bubble threat postponed, Chinese hedge fund to invest in India’s infrastructure[more]

    Stabilization of China's capital outflows may hinge on Janet Yellen From Bloomberg.com: Whether China’s recent stabilization of its currency and capital outflows continues -- or downside pressure reignites -- may hinge in large part on Janet Yellen. If the Federal Reserve chair sticks to

  4. …And Finally - After all, judges are human too[more]

    From Newsoftheweird.com: In March, one District of Columbia government administrative law judge was charged with misdemeanor assault on another. Judge Sharon Goodie said she wanted to give Judge Joan Davenport some files, but Davenport, in her office, would not answer the door. Goodie said once the

  5. Comment - Unmasking the men behind Zero Hedge, Wall Street's renegade blog[more]

    From Bloomberg.com: Colin Lokey, also known as "Tyler Durden," is breaking the first rule of Fight Club: You do not talk about Fight Club. He’s also breaking the second rule of Fight Club. (See the first rule.) After more than a year writing for the financial website Zero Hedge under the n