Alexandre Capez, head of structured volatility at Nomura International in London, has left the Japanese bank and it is rumored he will be joining Occitan Capital Markets to run the firm's new tail risk fund. At Nomura, Capez specialised in tail risk funds, alpha strategies, volatility exchange-traded funds and VIX-based strategies. He joined Nomura International in October 2008 from Lehman Brothers. Capez joined Lehman in 2006 where he was responsible for US bank's structured flow business. He