Dennis Davitt Joins Hedge Fund Malachite Capital (And Other People on the Move)
Davitt comes to Malachite Capital from Harvest Volatility Management.
Malachite Capital has hired David Davitt as a Portfolio Manager and Head of Malachite Equity Strategies.
The new manager will “run a suite of low-cost equity replacement strategies using listed options. The strategies are also designed to provide exposure with lower volatility, according to a company press release. The company will launch Davitt’s strategies during the first quarter of 2020.
Prior to this role, Davitt Davitt was a Partner/Portfolio Manager at Harvest Volatility Management for more than six years. During his time, he oversaw all trading (proprietary, automated, flow) and risk management.
Further, Malachite Capital Management is a Manhattan-based global equity derivative investment manager. Managing Partners and Co-Founders Joseph Aiken and Jacob Weinig launched the firm in 2013.
Now, here are more people on the move for November 19, 2019.
People on the Move
- First, Felix Scherzer is leaving Credit Suisse after five years to start his own firm. Scherzer served as the firm’s head of M&A with a focus on financial firms. He joined the Swiss firm in 2015 after a stint with Morgan Stanley. Read more.
- Next, Searchlight Capital Partners announced the appointment of Andrew Claerhout as a Partner. Claerhout will join Searchlight Partner Darren Glatt as leaders of the firm’s infrastructure investment team. Claerhout joins the company after roughly 13 years at the Ontario Teachers’ Pension Plan. Read more.
- Meanwhile, Mesirow Financial has named Natalie Brown as its newest CFO and as a member of the board of directors. Brown comes over from a 20-year stint at Nuveen Investments. Her most recent role was managing director, head of Nuveen Advisory Services Finance. Brown previously Previously, she worked at Kraft Foods and KPMG. Read more.
- Finally, this is leftover from last week. The Financial Times has appointed Roula Khalaf as its next editor. Khalaf becomes the first female chief editor in the history of the 131-year-old newspaper. Khalaf previously served a three-year term as deputy editor.
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