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Former Brevan Howard partner hires for new hedge fund

Ben Melkman recruits former staff from Caxton Associates, Goldman Sachs and BAML for global macro outfit targeting $400 million

New York-based Light Sky tades witha  global maco strategy
New York-based Light Sky tades witha global maco strategy Photo: iStockPhoto

Ben Melkman, who left Brevan Howard earlier in the year, has hired former employees of Caxton Associates, Goldman Sachs and Bank of America Merrill Lynch to fill roles at his new global macro hedge fund.

Melkman left Brevan Howard, which manages one of the largest global macro hedge funds in the world, earlier in 2016 with plans to raise $400 million for his own hedge fund. His New York-based fund, Light Sky Macro, will also trade global macroeconomic events.

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