P & I People
Pensions & Investments' look at the people behind the money.
April 30th 2004

Larry Abele, Anoosh Lachin and Asif Noor left Deutsche Asset Management in London to form their own hedge fund company, but will continue to manage an undisclosed mandate from their former employer.

Judith Inosanto, Deutsche spokeswoman, said DeAM retained the trio to act as "strategic partners on our quantitative approaches" to global macro investing for the firm's integrated global alpha platform. New York-based Janet Campagna, head of DeAM's advanced research and quantitative strategies, will oversee the outsourced relationship, Ms. Inosanto said.

All three of the departed employees, who could not be reached for comment, worked on portfolio engineering at Deutsche: Mr. Abele was managing director-quantitative strategies, Mr. Lachin was director and research analyst, and Mr. Noor was vice president and research analyst.

Ms. Inosanto said it wasn't clear yet whether the team will be replaced internally.