Three separate firms--Moore Capital Management,OZF Capital and Hartford Investment Management Company are looking for high-yield traders. Moore Capital, an $8 billion hedge fund group, is looking for a trader to be based in New York, according to a sell-side official who has spoken with a person at the firm. The position would be to replace Francis Griffin, a high-yield trader who has taken a position with the firm in London. A call to Richard Furst, a senior trader at the firm, was returned by Kimberly Kriger, an outside spokeswoman, who declined to comment. Griffin could not be reached.
OZF, another New York-based hedge fund, is also in the hunt, according to two sell-side officials who have spoken with people at the firm. One of the officials says it is a new position, reporting to Jerry Bias, the head trader. Bias declined to comment. OZF Capital is the high-yield portion of Och-Ziff Capital Management, a hedge fund group run by Dan Och, a former Goldman Sachs v.p. The company reported $1.74 billion in assets as of March 31, according to Bloomberg.
Cynthia Michener, a Hartford Investment Management spokeswoman, says HIMCO is adding to its roster because its assets continue to grow, and now total some $100 billion. Michener says the interview process is "well underway," for the position, which will report to Christine Mozonski and David Hillmeyer, high-yield portfolio managers.