Verition hires former Roscommon COO
Verition has hired Melanie Payne as commodities chief operating officer in London, adding senior operational expertise as the multi-strategy hedge fund continues to expand its commodities platform, according to a report by eFinancial Careers.
Verition has bolstered its commodities operations by hiring Melanie Payne as its new commodities chief operating officer in London. Payne previously served as the London chief operating officer at Roscommon Analytics, where she oversaw operations at the firm after it closed its natural gas trading operation in January due to losses.
Payne brings a decade of experience in commodities to Verition, having worked at Morgan Stanley and bringing expertise in building, scaling, and managing operational functions. Her hire, along with the firm's existing portfolio managers Gareth Walsh and Simon Boon, suggests Verition is investing in infrastructure to scale its commodities operation.
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