HedgeCo News - Marcin Wiszniewski, a 14 year veteran of Morgan Stanley has quit his job to join the $18.3 billion hedge fund, BlueCrest Capital Management, the Wall Street Journal Reports.
Wiszniewski joins the London hedge fund May 10, as a portfolio manager for the hedge fund’s $500 million BlueCrest Emerging Markets Fund.
Wiszniewski was co-head of European foreign exchange and emerging markets at Morgan Stanley, previous co-heads who have left Morgan Stanley include Bart Turtelboom and Karim Abdel-Motall who were hired by London hedge fund firm GLG Partners.
Wiszniewski is the fourth Morgan Stanley senior trader to leave this year, the newspaper reported. Eric Cole is moving to hedge fund Appaloosa Management. Ahsim Khan is set to join Europe’s largest hedge fund firm, Brevan Howard. Geoffroy Houlot has already left in January to join the $30 billion hedge fund, the Wall Street Journal said.
BlueCrest Capital Management LLP is founded by Michael Platt and William Reeves, both former Managing Directors and senior proprietary traders at JP Morgan, who left to establish BlueCrest in 2000. The Hedge fund is 25% owned by Man Group Holdings.