D'Andrea Leaving Barclays Capital

NEW YORK (HedgeWorld.com)–Mark D’Andrea will leave his post as managing director and global head of prime brokerage in Barclays Capital’s collateralized finance group on March 7.

Mr. D’Andrea primarily was a relationship manager with U.S. hedge funds, said Kevin Mirabile, head of the collateralized finance group at Barclays Capital. Mr. Mirabile said he would be working with Mr. D’Andrea to ensure a smooth transition and may have Mr. D’Andrea work with the firm on a consulting basis. After his departure, officials within Barclays will assume Mr. D’Andrea’s duties within the equity and fixed-income prime brokerage areas. Mr. Mirabile will pick up all of his client relationship-specific responsibilities.

In the immediate future, Mr. D’Andrea plans to work in a family business, spend time with his family and may at some point return to the hedge fund business, Mr. Mirabile said.