The chief operating office at Segantii Capital is leaving after just a year at the Hong Kong-based hedge fund firm.
Reuters reported that Segantii CEO Kurt Ersoy confirmed Nigel Hellewell’s departure but did not disclose any additional details. Hellewell joined Segantii from London-based BlueCrest Capital Management last year.
Considered one of Asia’s fastest growing hedge funds, Segantii made the decision to shut down its Asian-focused hedge fund to new investors last year after assets tripled to $620 million that year. The firm, which currently manages about $780 million in assets, was founded in 1997 by former head of Asian equity trading for HSBC Securities Simon Sadler.