Launches & Closures

Nomura seeds star Lehman trader


Benjamin Fuchs, star prop trader and formerly the head of Lehman Brothers' $1.5 billion internal hedge fund, has relocated from Tokyo to Hong Kong to set up an Asia-focused multi-strategy platform under the Nomura umbrella. This will be an effective relaunch of the strategies at his former hedge fund, the Global Opportunities Group, and Nomura has provided $300 million in seed money.

Benjamin Fuchs

While Nomura is overwhelmingly a client focused business, the firm has been careful to ensure that strong barriers have been placed around the fund to separate it from its other businesses. This