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Greylock Capital hedge fund hires ex Bear execs

Tue Jun 10, 2008 4:51pm EDT

NEW YORK, June 10 (Reuters) - Greylock Capital, a hedge fund with about $600 million under management, said on Tuesday it hired several former Bear Stearns senior executives, the latest firm to bring in executives from the investment bank sold to JPMorgan Chase & Co.

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New York-based Greylock said it hired A.J. Mediratta, former Bear senior managing director and head of the international debt capital markets group, to be senior managing director.

Mediratta, who was with Bear for a decade, is also joining the Greylock board and will be on the investment committee for Greylock's flagship Global Opportunity Fund, it said.

Greylock also hired former Bear executives including Andrey Popel from Bear's leveraged finance team and Anthony Bitz. In Asia, Greylock hired Wei Yeh Sun to be part of its Singapore office.

Earlier on Tuesday, Tudor Investment Corp, a hedge fund with $18 billion under management, said it hired Gregory Hanley and Alan Mintz, two former senior Bear executives, to build a new distressed debt trading operation. (Reporting by Dane Hamilton; Editing by Braden Reddall)



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