Key Takeaways
- • Alfredo Saitta, former portfolio manager at Brevan Howard Asset Management who previously ran a hedge fund bearing his own name, has been hired by Taula Capital Management as a portfolio manager, effective August 1.
- • Saitta joins Diego Megia's London-based hedge fund as part of a broader talent acquisition strategy; Taula has simultaneously recruited additional senior investment professionals including Richard Hughes (former chair of the UK's Office for Budget Responsibility) and Graham Frier.
- • Taula Capital has grown to $6.5 billion in assets under management and recently raised $1.75 billion in new capital, positioning the firm among the fastest-growing hedge fund platforms in Europe.
- • The hire underscores competitive talent dynamics in the hedge fund industry, with established managers at major firms departing to join higher-growth platforms offering greater autonomy and capital deployment opportunities.
Summary
Alfredo Saitta, a portfolio manager with extensive experience at Brevan Howard Asset Management, has joined Taula Capital Management as a portfolio manager, according to Bloomberg and corroborating sources. Saitta, who managed a hedge fund bearing his name at Brevan Howard until last year, will commence trading operations for Taula on August 1. The appointment reflects Taula's aggressive expansion strategy under founder Diego Megia.
Saitta's move to Taula represents a significant lateral hire for the London-based hedge fund, which has emerged as one of Europe's fastest-growing platforms. The firm recently reached $6.5 billion in assets under management and closed a fundraising round that brought in $1.75 billion in new capital. Taula's recent hiring activity extends beyond Saitta, with the firm simultaneously recruiting Richard Hughes, formerly chair of the UK's Office for Budget Responsibility, and Graham Frier, a liquidity risk specialist. Saitta is also noted as operating from Taula's Geneva office, indicating geographic diversification of the firm's portfolio management operations.
Brevan Howard Asset Management, which manages between $35-40 billion in assets as of mid-2023, has maintained its position as a leading UK-based hedge fund despite recent market headwinds. The departure of senior portfolio managers such as Saitta to competing platforms reflects broader industry trends, in which talented investment professionals are drawn to higher-growth firms offering enhanced autonomy in capital deployment and portfolio construction. Saitta's background managing his own fund vehicle at Brevan Howard positions him as a proven portfolio manager capable of generating alpha-generating strategies for Taula's investor base.
Saitta's move to Taula represents a significant lateral hire for the London-based hedge fund, which has emerged as one of Europe's fastest-growing platforms. The firm recently reached $6.5 billion in assets under management and closed a fundraising round that brought in $1.75 billion in new capital. Taula's recent hiring activity extends beyond Saitta, with the firm simultaneously recruiting Richard Hughes, formerly chair of the UK's Office for Budget Responsibility, and Graham Frier, a liquidity risk specialist. Saitta is also noted as operating from Taula's Geneva office, indicating geographic diversification of the firm's portfolio management operations.
Brevan Howard Asset Management, which manages between $35-40 billion in assets as of mid-2023, has maintained its position as a leading UK-based hedge fund despite recent market headwinds. The departure of senior portfolio managers such as Saitta to competing platforms reflects broader industry trends, in which talented investment professionals are drawn to higher-growth firms offering enhanced autonomy in capital deployment and portfolio construction. Saitta's background managing his own fund vehicle at Brevan Howard positions him as a proven portfolio manager capable of generating alpha-generating strategies for Taula's investor base.
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