Industry News

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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Pine River Hires Ex-Barclays Exec

Jan 21, 2014
Jing Chen

Hedge fund firm Pine River Capital Management has brought on a former Barclays employee to the team.

Bloomberg reported that James Lee, who was previously a director of counterparty risk trading and portfolio management at Barclays, joined earlier this month as a strategist in the Minnesota-based firm where he is responsible for helping the firm buy and trade assets from banks.

Lee’s appointment is part of Pine River’s effort to acquire bank assets in Europe and the U.S. as lenders comply with new regulations, such as the Volcker Rule.

With additional offices around the world, including New York, Hong Kong and London, Pine River manages about $9.5 billion in assets.

 

 

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