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Check out the latest news and insight from the ever-evolving world of institutional investing and hedge funds from around the globe.

Jing Chen has been eVestment’s hedge fund industry news reporter since 2011. To submit industry-related press releases or request feature ideas please contact her at editor@evestment.com

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Deutsche Bank Senior Exec to Launch Hedge Fund

Oct 16, 2013
Jing Chen

A managing director at Deutsche Bank is leaving after nearly eight years to start his own hedge fund firm.

Bloomberg reported that Troy Dixon, who left the Frankfurt-based bank earlier this week, will focus on U.S. government-backed home-loan securities through his new hedge fund. The name and the date of the fund launch were not disclosed.

Dixon, who traded mortgage bonds at Deutsche, will be replaced by Christopher Babu as head of trading for government-backed residential mortgage securities.

Dixon is among a slew of a Deutsche Bank traders who have left the bank to start their own hedge funds, including Saba Capital Management’s Boaz Weinstein, Premium Point Investments’ Anilesh Ahuja and Seer Capital Management’s Philip Weingord.

 

 

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