Launches & Closures Hedge Funds People Moves Performance

Mortgage master Metacapital hires portfolio strategy chief, PM


Leopold LiVolsi joins from Bank of America and Tadeusz Jachowicz from FrontPoint. The firm's flagship fund is up 19.38% for the year.

   Deepak Narula (Photo: Bloomberg)
Metacapital Management, Deepak Narula’s $1.1 billion mortgage-focused firm, has hired two senior investment staffers to help manage its fast growing assets.

Leopold LiVolsi joins as director of portfolio strategy and strategic relations, according to a letter Narula sent today to investors. LiVolsi will be part of the investment committee and work with institutional investors. He had been director for mortgage backed security sales at Bank of America Merrill Lynch since 2006, where he covered Metacapital as a client. From 1991 to 2006, he was co-head of New