Article: Hedge Funds Step Up Wall St. Talent Hunt; Hedge funds with more assets under management may be behind a brain drain among Wall Street investment banks.(Hedge Funds)

Byline: Aleksandrs Rozens

Megan Nicholson worked on Wall Street for three-and-a-half years for firms like Lehman Brothers and Barclays Capital, but this year she decamped for a hedge fund that has just opened its doors in Chapel Hill, N.C.

The 31-year-old says she was drawn to Raven Rock Capital LLC - a corporate credit fund - after working in the capital introductions group within Barclays' prime brokerage business. Now in charge of Raven Rock's marketing, she was drawn to the fund because of its entrepreneurial spirit. Also, she welcomed the change in cities.

"It is very, very rewarding," says Nicholson, adding that she likes to shape the ...

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