David Weisberger has joined Beacon Capital Markets, which operates an MBS e-trading platform, as co-CEO, working alongside founder Norman Epstein.
In 1994, Weisberger founded Watch Hill Management Partners LLC, an investment management company for the Watch Hill mortgage derivative hedge funds. The firm’s assets grew to more than $1 billion over the next 12 years, with average net returns of more than 20% a year.
In addition, John Knox has joined Beacon Capital Markets as the firm’s first managing director of sales and marketing. In this role he will oversee all sales and support functions and will seek to build up the sales team.
John Knox has 22 years of investment experience, and was previously a managing director in the institutional equities division at Bear Stearns, where he worked on developing an electronic trading platform for equities. He has also worked as a fixed income trader for Eastbridge Capital, for Wertheim Schroder and for Manufacturers Hanover.
Both Knox and Weisberger will be based in New York.
More on People
Head of clearing and risk understood to be moving into private practice
Dealer rejigs multi-asset group management with internal promotions
Gérardin replaces Papiasse, who stays, but focuses on "remediation plan"
Former SG Asia sales head Nicolas Reille joins Natixis in Hong Kong
Loomis Sayles vice-chairman discusses the US credit markets
The US has recovered from recession but still faces an enormous debt burden. The onus is now on companies to pick up the slack in the economy and keep bonds buoyant
The head of European credit portfolio management at Pimco talks to Credit's Alex Monro about the ongoing Eurozone crisis, and the likely investment themes for 2011.
The European securitisation markets were among the hardest hit by the financial crisis: large losses on a range of securitised products led to a drop-off in investor demand, while prohibitive spreads made...
There are no comments submitted yet. Do you have an interesting opinion? Then be the first to post a comment.