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Ex-Morgan Stanley Equity Veteran Joins Hedge Fund

Harry Silver, former senior index equity options trader at Morgan Stanley in New York, has resurfaced at hedge fund manager Galleon Group. Silver resigned from Morgan Stanley in the summer whilst under scrutiny by the Chicago Board of Exchange for a customer transaction he executed in 2001 (DW, 6/22). Silver confirmed his appointment at Galleon, saying he is a managing director in trading, which includes equities and equity derivatives. Galleon is the 63rd largest hedge fund manager with some USD2.1 billion in assets according to Institutional Investor's 2003 hedge fund rankings.

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