Alternative Investment Shop Hires European Head
REFCO has hired Pierre Maliczak, former head of the fund derivatives business at Bank of America in London, as the European head of sales for its alternative investments group. He will report to David Henritze, president of REFCO Alternative Investments in New York.
Henritze said RAI hired Maliczak because its European business has expanded to include more regions and products. The firm has recently started marketing products in Germany and plans to expand into the rest of Northern Europe in the coming months. Until now, most of its European business had originated from Switzerland and Luxembourg.
RAI structures, distributes and services a broad array of alternative investment products that incorporate hedge funds, futures, currencies and other derivative products. These include principal protected notes on hedge funds and hedge fund indices.