Alternative Market Briefing

People: Thomas Hunger leaves CCPM for Deutsche Bank, Executive director of hedge fund strategies leaves Goldman Sachs AM, Quadrangle hires Alice Ruth as CIO, Equities/alternatives boss D`Souza said to leave Merrill Lynch, Two new executive partners at MPM, Two investment managers join GAM`s multi-manager team in New York, Gerken taps marketing director

Tuesday, March 25, 2008

Opalesque Exclusive: Thomas Hunger leaves CCPM for Deutsche Bank Head of Business Development Thomas Hunger left Conservative Concept after 8.5 years. He will start with Deutsche Bank PWM in a similar role related to hedge funds from 1st April on. “I have to say that it’s not been an easy decision to leave as it has been a good place for me professionally,” he said.

See last month’s exclusive on Conservative Concept: Swiss/German options trading hedge fund surfs the volatility smile with a little help from the Greeks Source

Executive director of hedge fund strategies leaves Goldman Sachs AM From HFMWeek.com: Melanie Owen, executive director of hedge fund strategies at Goldman Sachs Asset Management, has departed the firm, HFMWeek has learned. Owen’s next move is not known. Additional details were not available. A Goldman Sachs spokesperson did not return a phone call for comment. Owen’s departure comes shortly after Goldman Sachs’s flagship Global Alpha Fund declined 37% through last November. It started off 2007 with more than $10bn under management. Full article: Source

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