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Caxton Hedge Fund Hires Former BNP Paribas Trader Fourcade

Caxton Associates LP, the hedge fund firm co-founded by billionaire Bruce Kovner, hired Philippe Fourcade, a former proprietary trader at BNP Paribas SA.

Fourcade started at the firm’s London office on Sept. 22, the Financial Conduct Authority register shows. He declined to comment when reached by telephone today, while a spokeswoman for firm in London declined to comment.