MKP opens in London, expands in NYC

11 May 2011
MKP Capital Management, a diversified alternative asset manager with AUM of over $4.5 billion, has opened its European office at St. James’s Square in London. The London location will enhance the firm’s ability to pursue investment opportunities globally and to service clients in Europe and the Middle East. MKP also unveiled four executive hires in New York to build the firm’s offerings.

“The opening of our London office and additions to the New York team reflect our commitment to building upon the values that have helped us deliver industry-leading risk-adjusted returns for over 15 years,” said Patrick McMahon, MKP’s Founder and CEO. “With these developments, we are bolstering our insights into worldwide investment opportunities, strengthening our comprehensive risk management culture, and enhancing client service to our global investor base.”

Karim Nsouli, an emerging markets portfolio manager, has relocated to London along with several other team members. The firm will also hire additional London-based staff.

For new hires are joining MKP in its New York office. John Li joins as Director and Portfolio Manager and will be responsible for U.S. Rates strategies. Li spent more than 10 years at Deutsche Bank, serving most recently as Director of UST Swaps Trading. Raffaele Ghigliazza, Ph.D., joins as a Director and Risk Manager, reporting to Chief Risk Officer, Henry Lee. Prior to joining the firm, Ghigliazza worked for four years within the Structured Risk Advisory group at JPMorgan developing models for risk in various asset classes.

Also joining is David Burke as a Director with responsibility for Client Development. Burke was previously Managing Director and Head of Strategic Initiatives at hedge fund Arrowhawk Capital Partners. Sean Perrota joins as Vice President and Associate Portfolio Manager and will be responsible for MKP’s financing activities. Perrota was most recently at Goldman Sachs Asset Management, specializing in providing long and short financing to fixed income hedge funds and separate accounts.

MKP seeks to deliver superior risk-adjusted absolute returns by employing an investment approach encompassing global macro and structured credit strategies. The firm has been an Investment Adviser registered with the U.S. Securities and Exchange Commission since 2000 and registered with the UK Financial Services Authority this year.