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Ex-BlueCrest risk chief recruits to hedge fund - Financial News London

Reported by Fnlondon
Feb 7, 2017· 2 min read
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Key Takeaways
  • • Jonathan Martin, former chief risk officer at BlueCrest Capital Management, has built Markham Rae (established 2010) into a functioning hedge fund operation and is actively recruiting senior talent from his previous employer.
  • • Luigi La Ferla, a 15-year veteran of Morgan Grenfell and Deutsche Bank during the 1980s-1990s, joined Markham Rae as a partner at the end of January 2017, bringing institutional banking experience to the fund's leadership structure.
  • • The recruitment of two former BlueCrest staff members as partners signals Markham Rae's growth phase and indicates the fund is building out its investment team with proven talent from one of the hedge fund industry's established operations.
Summary
Markham Rae, a Knightsbridge-based hedge fund established in 2010 by Jonathan Martin following his departure from BlueCrest Capital Management, has expanded its partnership structure by recruiting two former BlueCrest employees. This move reflects the fund's continued development and its ability to attract experienced talent from larger, more established hedge fund operations.

Luigi La Ferla joined Markham Rae as a partner at the end of January 2017, according to the Financial Services Register. La Ferla brings substantial institutional experience, having spent 15 years at Morgan Grenfell and its subsequent parent company Deutsche Bank during the 1980s and 1990s. His appointment adds depth to the fund's leadership team and suggests a focus on recruiting individuals with deep banking and investment industry backgrounds.

The recruitment of BlueCrest alumni to Markham Rae underscores the fund's strategy of building its team with individuals who possess proven track records within the hedge fund sector. Martin's transition from BlueCrest's chief risk officer role to founding his own hedge fund, now augmented by additional senior hires, demonstrates the continued movement of talent and capital formation within London's hedge fund ecosystem.

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Sources

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AlphaMaven summarised this story from the reporting below. Each link opens the original article.

Fnlondon Ex-BlueCrest risk chief recruits to hedge fund - Financial News London