Arini Capital, the investment firm founded by former Brevan Howard trader Hamza Lemssouguer, has hired a portfolio manager from its larger rival to bolster its London team, according to people familiar with the matter.
New Hire Details
The new hire, who previously worked at Brevan Howard, joins Arini as a portfolio manager focused on credit trading. The move underscores Arini's ambition to expand its presence in London's competitive hedge fund landscape.
Arini Capital, which manages about $1.5 billion in assets, has been actively recruiting talent since its launch in 2020. The firm specializes in credit and special situations investing.
Industry Context
The hiring comes amid a broader trend of portfolio managers moving between hedge funds in London, as firms compete for top talent to navigate volatile markets. Brevan Howard, one of the world's largest hedge funds, has seen several senior departures in recent years as it restructures its business.
Arini's strategy of hiring experienced traders from larger firms reflects its focus on building a strong team to generate alpha in credit markets. The firm has previously attracted talent from firms like Citadel and Millennium Management.
London remains a key hub for hedge fund activity, despite Brexit-related challenges. The city's deep pool of financial talent and proximity to European markets continue to attract investment firms.
