Upstart investor raids three from big banks


Paul Germain

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Paul Germain

A fast-growing asset management firm has landed three big hires from large banks in recent weeks.

Paul Germain, the global head of prime brokerage at Credit Suisse, Tomer Seifan, the head of institutional solutions in the New York office of BNP Paribas, and Guillaume Auvray, an executive specialized in systematic trading and derivatives at Morgan Stanley, are set to join New York-based Stone Ridge Asset Management, according to a person familiar with the situation.

The men’s new roles were unclear, but the hires appear to be a coup for Stone Ridge, a New York-based manager of unusual mutual fund strategies for more than 100 institutional investors…

Upstart investor raids three from big banks

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