People Moves

Huo’s $8 billion Capula operation boosts senior management team again with Gu hire as co-CIO


Yan Huo
Capula, the highly-regarded $8 billion global fixed-income and macro hedge fund group led by Yan Huo, has made another significant new appointment to its top management team with the hiring of David Gu from Bank of America Merrill Lynch as co-chief investment officer.

The recruitment of Gu, formerly head of global rates and currency trading at BofA Merrill, follows the recent hiring by Capula of Glen Mifsud – the former global head of fixed-income prime services at Credit Suisse – as co-president of the firm.

Mifsud, who had worked in fixed-income for 25