If you’re a senior trader in an investment bank these days and have no ambition to work on the buy-side, your options are limited. Moving on from the sector means trying your hand at something new, while using the skills you gain during decades in the financial sector.
So it is with Jaspar Falk, the former global head of inflation trading at J.P. Morgan, who departed earlier this year after more than 22 years at the bank. Falk has now quit the trading floor to become an early stage investor within the technology, medical diagnostics and renewable energy sectors.
Falk has been in a front office trading role since 1993, when he moved to J.P. Morgan after four years as a consultant at Accenture, so no doubt has more than 20 years’ worth of bonus payments to fall back on for these investments.
It’s another example of senior traders moving on from investment banking, but staying close to the financial sector. As we’ve mentioned, senior traders have launched everything from fintech firms to wine bourses following long careers in investment banking.
Falk was a member of J.P. Morgan’s fixed income management committee and was heavily involved in the training and mentoring of new analysts and associates at the bank’s markets business.
He is currently a non-executive director at renewable hydro energy firm Farm Power Hydro. Falk has a Masters in Engineering and Management from Cambridge University.