Eisler Capital likes people who used to work for Goldman Sachs. Founded in 2016 by Edward Eisler, Goldman Sachs's former co-head of securities, it's also home to people like Sam Wisnia, Goldman's former head of global co-head of strats and Deutsche's ex-head of macro trading.
When it looks for a new chief operating officer, therefore, it's perhaps inevitable that Eisler will choose a Goldman alum. Current COO Carey Nemeth spent 14 years at Goldman Sachs before he left in 2015 to become Eisler Capital's chief operating officer. Sources say that Nemeth is leaving Eisler in the new year. Another ex-Goldman man, Chris Milner, is replacing him.
Eisler Capital declined to comment on the changes. It's understood that Nemeth is leaving to spend more time with his family and on other interests, but will remain at Eisler as an advisory director and participate in a handover process when Milner joins on January 1st. Milner himself spent 18 years at Goldman and was a former head of fixed income currencies and commodities sales strats. He left in 2017 and founded his own firm, European Insurance Consolidation Group (EICG), to buy-up legacy insurance funds.
Eisler Capital now employs 90 people in London, up 30% on last year. It's one of a group of global multi-strategy hedge funds that has thrived in 2020. Assets under management at the fund are understood to be just under $4bn and performance YTD is 8%.
Photo by Hannes Egler on Unsplash
Have a confidential story, tip, or comment you’d like to share? Contact: [email protected] in the first instance. Whatsapp/Signal/Telegram also available. Bear with us if you leave a comment at the bottom of this article: all our comments are moderated by human beings. Sometimes these humans might be asleep, or away from their desks, so it may take a while for your comment to appear. Eventually it will – unless it’s offensive or libelous (in which case it won’t.)