GLG Partners has hired Goldman Sachs Group partner Driss Ben-Brahim, who oversees the firm’s emerging-markets trading.
GLG, a British hedge fund run by several former Goldman partners, targeted Ben-Brahim to help expand its special-situations business.
The job will include running the roughly $1.2 billion emerging-markets special-situations fund that is now run by Greg Coffey, the GLG fund manager who is leaving the firm in October.
Driss joins GLG from Goldman Sachs where he has been a partner responsible for several trading businesses, including the Global Macro Proprietary trading group and Options and Complex Derivatives trading. Since 2006, he has run the Goldman Sachs Emerging Markets trading business in London as well as an innovative Emerging Markets principal investments business.
Prior to joining Goldman Sachs, he worked in London with the European Bank for Reconstruction and Development. Driss graduated as an engineer and applied mathematician from Ecole Centrale de Paris and earned an MBA from INSEAD in Fontainebleau.