Driss Ben-Brahim

Last updated

Driss Ben-Brahim (born 1964) is a Moroccan-Austrian trader and investor based in London, England.

Contents

Early life

Ben-Brahim is an engineer and mathematician by education. He graduated from École Centrale Paris (1987), studied Artificial Intelligence at the Max Planck Institut Munich, and received an MBA from INSEAD Fontainebleau (1990).

Career

Early in his career, Ben-Brahim served as a Treasury Officer at the European Bank for Reconstruction and Development (EBRD) in London.[ citation needed ]

In 1994 Ben-Brahim joined Goldman Sachs. During his tenure he ran several businesses including global macro proprietary trading and emerging market trading and principal investments. He became a partner in 2004. News reports indicate he was one of Goldman's highest paid traders. [1]

Ben-Brahim is a former employee of GLG Partners, where he developed and managed the Atlas Macro fund platform. [2] [3] [4] [5]

Personal life

Ben-Brahim has a personal interest and is an active investor in technology and education. He is a partner of Zakoura Education and serves on the board of EMpower, charitable organizations focused on improving the lives and education of young people in developing countries. [6] [7]

Ben-Brahim is married to Heli Amin. They have three children. [8]

Related Research Articles

<span class="mw-page-title-main">Goldman Sachs</span> American investment bank

The Goldman Sachs Group, Inc. is an American multinational investment bank and financial services company. Founded in 1869, Goldman Sachs is headquartered in Lower Manhattan in New York City, with regional headquarters in many international financial centers. Goldman Sachs is the second largest investment bank in the world by revenue and is ranked 55th on the Fortune 500 list of the largest United States corporations by total revenue. It is considered a systemically important financial institution by the Financial Stability Board.

<span class="mw-page-title-main">Man Group</span> British alternative investment management business

Man Group plc is an active investment management business listed on the London Stock Exchange. It provides a range of funds across liquid and private markets for institutional and private investors globally and is the world's largest publicly traded hedge fund company, reporting $151.4 billion in funds under management as of March 2022. The firm is headquartered at Riverbank House in London and employs over 1,400 people in various locations worldwide. The company was a sponsor of the Man Booker Prize from 2002 to 2019.

<span class="mw-page-title-main">Global macro</span>

Global macro is an investment strategy that leverages macroeconomic and geopolitical data to analyze and predict moves in financial markets. Large-scale or "macro" political and economic events can disproportionately impact certain sectors, such as the energy, commodity, and currency markets, over others. The strategy typically employs forecasts and analysis of interest rate trends, international trade and payments, political changes, government policies, international relations, and other broad systemic factors.

<span class="mw-page-title-main">Noam Gottesman</span> American businessman

Noam Gottesman is a New York City-based, British-American businessman, former hedge fund manager, and co-founder of GLG Partners. He later entered the restaurant industry, investing in establishments including Eleven Madison Park in New York City. He is also the CEO of TOMS Capital. Gottesman has dual citizenship in the US and UK, and was listed on the 2020 Forbes 400 list of richest people in the United States, with a net worth of $2.4 billion.

<span class="mw-page-title-main">Evercore</span> American financial services company

Evercore Inc., formerly known as Evercore Partners, is a global independent investment banking advisory firm founded in 1995 by Roger Altman, David Offensend, and Austin Beutner. The firm has advised on over $4.7 trillion of merger, acquisition, and restructuring transactions since its founding. Evercore is widely considered one of the most prestigious and elite investment banking advisory firms.

<span class="mw-page-title-main">Commodities Corporation</span>

Commodities Corporation was a financial services company, based in Princeton, New Jersey that traded actively across various commodities. The firm was noted as one of the leading commodity and futures trading firms. CC is credited for launching the careers of many notable hedge fund investors and for its influence on global macro investing.

<span class="mw-page-title-main">Caxton Associates</span> London-based hedge fund

Caxton Associates is a global macro hedge fund founded by Bruce Kovner in 1983 in New York City. The firm's headquarters are located in London, and also has offices in New York, Sydney, Australia and Princeton, New Jersey. Caxton Associates identifies investments according to their research of global markets and analysis of worldwide economic trends.

Man GLG is a discretionary investment manager and a wholly owned subsidiary of British alternative investment manager Man Group plc. It is a diversified and multi-strategy fund manager that operates strategies including equity long-short funds, convertible arbitrage funds, emerging market funds and long-only mutual funds. The firm is also a founding member of the Hedge Fund Standards Board and a signatory of the Principles for Responsible investment. As of 2022, Man GLG had $35.4 billion assets under management.

<span class="mw-page-title-main">10,000 Women</span>

10,000 Women is a program organized by Goldman Sachs and the Goldman Sachs Foundation with the goal of helping to grow local economies by providing business education, mentoring and networking, and access to capital to underserved women entrepreneurs globally. The program was announced on March 5, 2008, at Columbia University. The initiative is one of the largest philanthropic projects the bank has been involved with. The program was in its initial years run by Dina Habib Powell, a managing director at Goldman Sachs.

Brevan Howard is a European hedge fund management company based in Jersey with its funds domiciled in the Cayman Islands. Brevan Howard was founded in 2002 by Alan Howard, alongside four other co-founders including Chris Rokos, and is widely considered to be one of the top global macro hedge funds.

Lex van Dam is a Dutch investment manager, investor, and writer specialising in trading in equities, currencies and financial derivatives. He lives in London.

<span class="mw-page-title-main">Steven Mandis</span> American investment banker

Steven George Mandis is an American investor and the founder of Kalamata Capital. He is an adjunct associate professor in finance and economics at Columbia University Business School. Previously, he worked at Goldman Sachs and Citigroup and as a senior advisor to McKinsey. He is the author of three books: What Happened to Goldman Sachs: An Insider's Story of Organizational Drift and its Unintended Consequences, The Real Madrid Way: How Values Created the Most Successful Sports Team on the Planet, and What Happened to Serie A: The Rise, Fall and Signs of Revival.

Rudolf Ferscha is an Austrian banker and business executive who was previously an executive board member of Goldman Sachs Bank in Frankfurt and of Deutsche Börse AG, one of Germany's top 30 listed companies. He also served as CEO of Eurex and as Chairman of the Frankfurt Stock Exchange. Ferscha holds a law degree from the University of Vienna.

New Silk Route Partners LLC, abb as NSR, is a $1.4-billion private equity firm that invests in private companies in India, Asia, and the Middle East.

Jacki Zehner is a Canadian philanthropist, financier, angel investor, writer, speaker, and film producer. In 1996, she became the youngest woman and first female trader to be made a partner of Goldman Sachs. She left Goldman in 2002 and became a founding partner of Circle Financial Group. In 2009, she became a member of Women Moving Millions and later served and the organization's founding president. In 2012, Zehner was elected to the board of trustees of the Sundance Institute. She has served as the president of the Jacquelyn and Gregory Zehner Foundation since 1998.

<span class="mw-page-title-main">Michael Novogratz</span> American businessman

Michael Edward Novogratz is an American investor, formerly of the investment firm Fortress Investment Group. He is currently CEO of Galaxy Investment Partners which focuses on investments in cryptocurrency.

Emmanuel "Manny" Roman is a French financial executive. He is the chief executive officer (CEO) and a managing director of PIMCO, one of the world’s premier fixed income investment managers, based in Newport Beach, California. In 2011, he was named by the Evening Standard as one of London's 1000 most influential people.

The Goldman Sachs Foundation is a New York–based, not-for-profit private foundation that is a subsidiary of the financial services firm Goldman Sachs and has the goal of bettering humanity worldwide, especially regarding health and education. In recent years its principal philanthropic projects have been: 10,000 Women, and 10,000 Small Businesses.

<span class="mw-page-title-main">Goldman Sachs controversies</span>

Goldman Sachs controversies are the controversies surrounding the American multinational investment bank Goldman Sachs. The bank and its activities have generated substantial controversy and legal issues around the world and is the subject of speculation about its involvement in global finance and politics. In a widely publicized story in Rolling Stone, Matt Taibbi characterized Goldman Sachs as a "great vampire squid" sucking money instead of blood, allegedly engineering "every major market manipulation since the Great Depression."

LMR Partners (LMR) is a British multi-strategy investment firm. It has a focus on global macro and event-driven investment strategies and makes use of both systematic and discretionary trading strategies.

References

  1. "City trader's £30m record bonus", BBC News, 18 January, 2004
  2. “Ben-Brahim to Quit Goldman Sachs for GLG,” “Financial Times,” 7 July 2008.
  3. “Hedge fund bears win bets in euro crisis,” “Financial Times,” 5 October 2011.
  4. "Man-GLG global macro fund's manager Ben-Brahim to take early retirement - Driss Ben-Brahim - Opalesque". Opalesque.com. Retrieved June 15, 2016.
  5. Neville, Simon (20 October 2012). "Have superstar traders lost their magic?". The Guardian. Retrieved June 15, 2016.
  6. “Ils nous soutiennent,” “Zakoura Education.” Archived January 15, 2012, at the Wayback Machine
  7. “EMPower Underwriters,” “EMpower.org.”
  8. Wachtel, Katya. "Meet The Rock Star Banker Who Helped Goldman Sachs Seduce The Libyans", Business Insider, 31 May 2011. Accessed 23 May 2016.