As part of its expansion in the U.S, Macquarie Group
(ASX:MQG) has named BNP Paribas SA’s Pratap Dasgupta to help build its derivatives business for hedge funds.
Macquarie has hired about 50 director-level executives to expand its US-based advisory, capital markets and restructuring businesses in the past year. Dasgupta will be based in New York and start in March as a managing director for fund-linked derivatives.
Macquarie Group reported a net profit of $871 million in 2009.
