Capula adds energy traders from Freepoint and Element Alpha
Capula Investment Management has hired two experienced energy traders as the hedge fund expands its presence in energy and commodities markets amid heightened volatility across the sector, according to a report by Bloomberg.
Capula Investment Management has hired two seasoned energy traders as the hedge fund broadens its reach in energy and commodities markets, facing heightened volatility in the sector, according to Bloomberg's report. The appointments, made public by anonymous sources, include Wouter Verdam, who has transitioned from Freepoint Commodities to become a portfolio manager at Capula, and Jakob Stawiarz, who has moved from Element Alpha to join the team.
Both commenced their roles at Capula this week and will be trading European and US energy futures. Verdam, based in Capula's Zurich office in Switzerland, has been with Freepoint for over seven years and previously worked at Citigroup. Stawiarz, joining Capula's Geneva office, previously worked at Ocean Leonid Investments. Freepoint and Element Alpha did not respond to requests for comment on the matter.
Capula, headquartered in London, manages approximately $35 billion and was co-founded over two decades ago by Yan Huo, who previously established JPMorgan Chase’s fixed-income proprietary trading operation.
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