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Pequot names Corasaniti president, chief investment officer


Pequot Capital Management has promoted Michael Corasaniti to president and chief investment officer, a new position. He will continue in his role as director of research and co-portfolio manager of Pequot’s core hedge funds.

Corasaniti joined Pequot in 2003 from Keefe, Bruyette & Woods, where he was instrumental in building up the firm’s research capabilities in the aftermath of September 11, 2001, when Keefe lost 67 employees in the collapse of World Trade Center’s twin towers. Prior to KBW, Corasaniti had co-managed a $3 billion equities portfolio for Neuberger Berman and before that was a financial-services analyst for Alex.