Millennium nabs Barclays prime services head
03 April 2013 New York
Image: Shutterstock
It has been reported that Ajay Nagpal, previously the head of Barclays Capital prime services business, has left the bank to join Millennium, the $18 billion hedge fun run by Israel Englander.
Nagpal will join as chief operating officer, and is expected to make his move official in July. Prior to his appointment at Barclays, Nagpal joined Lehman Brothers in 2001, holding leadership roles within capital markets including head of equity sales from 2005 to 2008 and head of liquid market sales within the fixed income division from 2001 to 2004.
Nagpal was previously with J.P. Morgan where he ran the municipal derivative effort as well as the firm’s financial institutions derivatives sales group.
Barclays has yet to appoint a replacement for Nagpal.
Nagpal will join as chief operating officer, and is expected to make his move official in July. Prior to his appointment at Barclays, Nagpal joined Lehman Brothers in 2001, holding leadership roles within capital markets including head of equity sales from 2005 to 2008 and head of liquid market sales within the fixed income division from 2001 to 2004.
Nagpal was previously with J.P. Morgan where he ran the municipal derivative effort as well as the firm’s financial institutions derivatives sales group.
Barclays has yet to appoint a replacement for Nagpal.
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