Jefferies Group hired two managing directors for its event-driven desk. The firm brought on Richard Thoms as a trader and Ming Lai as a salesperson. They both came from Citi where they had similar roles. Event-driven desks specialize in trading around mergers, spinoffs and bankruptcies.
Yoav Stramer joined Twin Capital Management, a New York-based event-driven hedge fund, as an assistant trader. Stramer previously worked as a trader on the exchange-traded fund/quantitative trading desk at UBS Securities. He reports to Sean Spillman, Twin Capital’s head of trading.
Neil Cohen joined Monarch Bay Securities in El Segundo, Calif., as a sales trader. Previously, he worked at the New York Stock Exchange as a floor broker for MND Partners for over six years. Cohen joined Monarch Bay shortly after sales trader John McGrory left.
Longtime sales trader Carl Pohlhaus took a position in the suburbs of Baltimore with CGA Securities, the broker-dealer subsidiary of CGA Capital, a real estate finance outfit. Pohlhaus spent over 20 years as a sales trader with Deutsche Bank and Wells Fargo Securities and their predecessor firms.
Peter van Dooijeweert joined hedge fund Mariner Investment Group to run a global equity volatility portfolio. Van Dooijeweert has more than 18 years of experience in trading volatility products. Most recently, he spent three years at Citigroup in both New York and London, where he was head of equity relative value trading.