People Moves

BlueCrest hires three for multi-strat credit fund


BlueCrest Capital Management has hired three credit traders for its Multi-Strategy Credit Fund, all of whom will be based in New York.

Dario Villani has joined the firm from Deutsche Bank, where he was a managing director in global credit trading. Stephen Waugh was also at Deutsche, where he was a director managing the bank's high-yield and leveraged loan index tranche trading business. And Kharen Musaelian joins BlueCrest from UBS, where he was a managing director in the firm's repositioning group.

All three will report to Farid Amellal and Andrew Silver, who head up the multi-strategy credit team.