The former head of EMEA hedge fund trading at Citigroup, who left the bank to head up Evercore ISI’s European trading business in the summer of last year, has re-emerged at Marshall Wace.
Charlie Mansour joined Marshall Wace earlier this month according to filings with the Financial Conduct Authority (FCA) after just five months at Evercore ISI Institutional equities. Mansour signed up to ISI International Strategy & Investment, an independent equity sales and agency trading firm in July last year, suggest regulatory filings, before its acquisition by Evercore in August.
At the new venture, Evercore ISI, Mansour was head of European trading. The FCA register suggests he left the firm in January.
Previously, Mansour spent over seven years at Citigroup, initially joining as a sales-trader in London focusing on its US account base and built the team at the bank. Eventually, Mansour was leading the EMEA hedge funds trading business before leaving in March last year.
Prior to that, he spent seven years as a trader at Deutsche Bank.
Mansour represents the first significant hire for Marshall Wace of 2015 in the UK. Last year, according to accounts to February 2014, profits surged to £205.1m at the hedge fund – from £83.2m in 2013 – and 14 partners shared £133.6m between them. This amounts to an average of £8.9m a head.
Further down the ranks, Marshall Wace spent £30.1m on its 91 employees last year, making an average payment of £330k. It increased its fund management headcount by 40%, to 42 people, over the same period.