GoldenTree Asset Management has become the latest hedge fund to announce plans to extend operations to Dubai, with news that the New York-based credit trading specialist is to open a new 'representative office' in the Dubai International Financial Centre.

Point72 Asset Management, the hedge fund founded by Steve Cohen, has expanded its crypto team with the appointment of Lionel Sukhram as a digital assets senior professional, according to a report by Financial News.

Hassan Bassiri, the vice president of portfolio management at crypto hedge fund Arca, has left the firm, according to a report by CoinDesk. Bassiri's LinkedIn profile says he ended his four year and four month tenure with the company this month and is now portfolio manager at Nima Capital, a single-family office founded by Suna Said.

Global investment firm Cambridge Associates has expanded its executive leadership team with the appointments of chief data officer Harinder Soin and head of corporate strategy Adam Lester.

Lance Fritz, the chief executive officer of US railway company Union Pacific, has announced he is to step down this year after hedge fund Soroban Capital Partners called for the firm to appoint new leaders, according to a report by Reuters.

Millennium Management has appointed Robert Wininger as global head of HR product management and reporting in its New York office, according to a report by eFinancial Careers.

Digital assets prime brokerage FalconX, whose clients include financial institutions, hedge funds, and asset managers, has expanded its service offering into Singapore with Matt Long joining the firm as general manager and Ave King as chief compliance officer, both based in the city state.

Trium Capital, a multi-PM alternative asset manager, has appointed Deepak Baghla as co-portfolio manager of the Trium Alternative Growth Fund, an uncorrelated liquid alternative UCITS fund. Baghla will work alongside Toby Hayes, who has managed the strategy since its inception in September 2021.

PGIM Quantitative Solutions, the quantitative, multi-asset and liquid alternatives specialist of PGIM, has appointed Andy Wilmot as head of Strategic Relationships, reporting to Brian Carroll, head of global distribution at PGIM Quant. 

State Street Corporation has appointed Taryn Siglain as the firm’s global head of enhanced custody, its principal securities lending programme, with responsibility for developing and driving the strategy, and delivering solutions to clients. Siglain will report to Gino Timperio, global head of financing solutions for State Street Global Markets.