Hedge Fund Legacy Hires From Rivals to Expand FX Desk in Brazil

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Hedge Fund Legacy Hires From Rivals to Expand FX Desk in Brazil

Legacy Capital, one of Brazil’s largest independent hedge fund managers, is beefing up its foreign-exchange desk.Bruno Guimaraes and Claudio Margulies

Legacy Capital, one of Brazil’s largest independent hedge fund managers, is beefing up its foreign-exchange desk.

Bruno Guimaraes and Claudio Margulies will start next month focusing on G10 and emerging-market currencies, according to Chief Investment Officer Felipe Guerra, who oversees about 29 billion reais ($5.9 billion) in assets and helped found the Sao Paulo-based firm.

www.bloomberg.com

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