BlueCrest Capital Management has hired Nick Chetwynd-Talbot, a former money manager at Visium Asset Management in London, to focus on investments in the consumer sector.
Chetwynd-Talbot, who has worked for BlueCrest in the past, returned to the investment firm run by billionaire Michael Platt last week, according to Ed Orlebar, a spokesman for BlueCrest. Chetwynd-Talbot, who declined to comment, has joined BlueCrest’s equities investment team run by Christian Dalban.
Chetwynd-Talbot started at Visium in January and left last month, according to records with the Financial Conduct Authority.
Visium, an $8 billion investment firm, is winding down after the U.S. brought charges against three executives in an insider-trading case. Citadel hired 17 money managers from Visium’s multi-strategy fund for a new stock unit in July.
BlueCrest has seen several departures and arrivals since the firm’s decision in December to return money to clients and focus on managing Platt’s wealth and that of his partners and employees. Recent hires include Patrick Badenoch, from BlueMountain Capital Management, and former Citigroup Inc. trader Brendan Behan.