A former managing director at Bank of America who spent nearly three decades with the firm across two different stints has left to join Phillimore Investments, the Connecticut hedge fund launched in 2017 by former Brevan Howard trader Giles Coppel. Greg Kaldor will start at Phillimore later this year as a macro strategist.
Phillimore Investments launched two years ago with $200 million in backing from hedge fund giant Brevan Howard, where Coppel had been heading up trading in New York since 2012, according to Business Insider. The firm had eight employees as of its last SEC filing.
Kaldor has spent the last nine years at Bank of America working in macro equity strategy and trading following two short stints on the buy-side. Previous to that, he worked across various roles at Bank of America during a 20-year stretch that resulted in him becoming a managing director of foreign exchange trading until he left in 2008.
Coppel isn’t the only former Brevan Howard alum to launch his own firm in recent years. Ben Melkman, the former lead manager of Brevan Howard's $500 million Argentina fund, launched New York-based Light Sky Macro in 2016.
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