Wed, Jul 27, 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. Opalesque Exclusive: California-based manager launches long/short equity hedge fund with unique algorithm[more]

    Benedicte Gravrand, Opalesque London for New Managers: SJL Capital LLC, an investment advisory firm based in California, has launched its maiden fund, the SJL MarketDNA Hedge Fund LP. The fund, which began trading

  2. Manny Roman to move from Man to Pimco[more]

    Benedicte Gravrand, Opalesque London: Emmanuel (Manny) Roman, an investment world veteran, has been hired by PIMCO, the large US bond fund house, as chief executive officer. PIMCO's current CEO Douglas Hodge will assume a new role as managing director and senior advisor when Roman joins P

  3. HFR: Hedge funds post strong gains in mid-July as markets recover from Brexit losses[more]

    Komfie Manalo, Opalesque Asia: Hedge funds posted strong gains through mid-July as the equity markets continued the recovery from Brexit losses. The HFRX Market Directional Index gained +2.17% (+4.22% YTD) and the HFRX Global Hedge Fund Index gained +1.03% through mid-month (+0.19%

  4. News Briefs - Carlyle goes on trial for a financial-crisis meltdown, Private equity and venture capital outperformed public markets in 2015, Pippa Middleton gets engaged to hedge fund manager James Matthews[more]

    Carlyle goes on trial for a financial-crisis meltdown Carlyle Group co-founder Bill Conway was in court on this small island last week recounting one of the most bruising episodes in his private-equity firm’s history: the 2008 collapse of mortgage-bond fund Carlyle Capital Corp. Carlyle

  5. …And Finally - Two men fall off cliff playing Pokemon Go[more]

    From BizarreNews.com: Two men who fell from a seaside cliff north of San Diego told authorities they became distracted while playing augmented reality game Pokemon Go. Encinitas fire Battalion Chief Robbie Ford said one of the men fell about 50 feet down the bluff in Encinitas while the other man fe