Key Takeaways
- • Polar Asset Management Partners, one of Canada's largest hedge funds, is hiring Jason Cope, TD Bank's head of global fixed income, to lead its fixed income business.
- • Cope spent roughly 15 years at Toronto-Dominion Bank before joining Toronto-based Polar Asset, according to people familiar with the hiring.
- • The hire supports Polar Asset's planned expansion, as reported by Bloomberg.
Summary
Cope will join the Toronto-based firm as head of fixed income. He has worked at TD Bank for roughly 15 years, according to people familiar with the hiring, who asked not to be identified because the matter is private. The source material does not disclose compensation terms, start date, or the size of the fixed income business he will oversee.
The move positions Polar Asset to build out its fixed income capabilities as part of its broader growth plans. Senior leadership hires of this kind at large Canadian hedge funds are closely watched by allocators assessing how managers are scaling their credit and rates franchises.
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