Top Trader Deepak Gulati Leaves JP Morgan Chase to launch Argentiere Capital

March 7th, 2013
| More
The Volcker Rule has sprung another star trader from the ranks of U.S. banks as Deepak Gulati leaves JP Morgan Chase to start his own hedge fund. As reported by Reuters, Deepak Gulati is setting camp in Zug, Switzerland to launch his new Argentiere Capital hedge fund.

With his star trading status, Argentiere Capital is expected to raise $500 million. Deepak Gulati is the latest in a growing line of high profile traders to leave a major U.S. bank as the Dodd-Frank legislation with its Volcker Rule continues to squeeze proprietary trading out of the banking industry. The Argentiere Capital hedge fund is expected to launch sometime during the second or third quarter of 2013.
Related Article Tags: Multi-Strategy, Long Short, Equity, Debt and Global Macro Hedge Fund News; Hedge Fund Jobs, Hirings and Firings; Featured Reports; Hedge Fund Launches and Hedge Fund Closings


More Recent Headlines

Henry Swieca Starts Swieca Seedling to Launch Protégé’s into Hedge Fund Hyperspace

Tudor veteran Andrew McMillan Taps Singapore Lawyer to Head Stewart Asia Investment Ltd

Activist investment strategy thriving as investors seek enhanced returns in a difficult economic environment, say RWC’s Wildschut & Soininen

Brevan Howard’s Tristan Edwards to Mosaic Asset Management; Gains Backing from Woori Absolute Partners & NewAlpha Asset Management

Stark Investments Veteran Michael Keough Set to Launch Racon Capital Partners with $35 Million

Halcyon Asset Management Becomes Sixth Investment for Dyal Capital Partners

Activist Investors Making Big Waves: Knight Vinke, Cevian Capital, Third Point and Trian lead the way

Guggenheim may hire up to 10 portfolio managers in 2013

Keith Anderson's Anderson Global Macro preps for big Launch: Hires Credit Suisse’s Doug Paul

Former Normura Star Benjamin Fuchs Shines Brightly with his BFAM Partners