UK Court Orders London Hedge Fund Evolution Capital Management to Pay Withheld $5.4 Million (£4.1 Million) Performance Bonus in 2022 from ex-Trader Robert Gagliardi Who Generated 97% ($60 Million) of Hedge Fund Revenue, Robert Gagliardi was Terminated in 2022, Evolution Capital Management (Evolution Financial Group) Founded by Michael Lerch in 2022
10th December | Hong Kong
UK court has ordered London hedge fund Evolution Capital Management to pay withheld $5.4 million (£4.1 million) performance bonus in 2022 from ex-trader Robert Gagliardi who generated 97% ($60 million) of the hedge fund revenue. Robert Gagliardi was terminated in 2022. Evolution Capital Management (Evolution Financial Group) was founded by Michael Lerch in 2022. Michael Lerch – Michael founded Evolution Financial Group in 2002 with the vision of bringing talented people into an environment that reinforces the ideals of teamwork, discipline and relentless high performance. Under his leadership, Evolution has grown into a portfolio of successful and thriving businesses. As President and Founder, Michael is responsible for the general management of our business lines and also acts as Global Chief Investment Officer for all major investment decisions. He serves as Chairman of Evolution’s Global Investment, Risk, and Corporate Social Responsibility Committees. Michael is the principal decision maker in the deployment of Evolution’s capital, with a focus on bespoke financing deals where the firm and its affiliates provide innovative and creative credit solutions for major international corporations. Prior to founding Evolution, Michael spent nearly a decade working for bulge bracket investment banks in a number of senior management and trading positions. Michael graduated from Princeton University in 1993 with a BA in Politics.
“ UK Court Orders London Hedge Fund Evolution Capital Management to Pay Withheld $5.4 Million (£4.1 Million) Performance Bonus in 2022 from ex-Trader Robert Gagliardi Who Generated 97% ($60 Million) of Hedge Fund Revenue, Robert Gagliardi was Terminated in 2022, Evolution Capital Management (Evolution Financial Group) Founded by Michael Lerch in 2022 “
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UK Court Orders London Hedge Fund Evolution Capital Management to Pay Withheld $5.4 Million (£4.1 Million) Performance Bonus in 2022 from ex-Trader Robert Gagliardi Who Generated 97% ($60 Million) of Hedge Fund Revenue, Robert Gagliardi was Terminated in 2022, Evolution Capital Management (Evolution Financial Group) Founded by Michael Lerch in 2022
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