Middle East Report


Hedge fund AQR ups UK pay despite decline in revenue

Quant hedge fund major AQR Capital Management upped its average pay to its 32 UK-based AQR Capital Management (Europe) staff by 2% in 2022 to £272k ($331k) per head, up from £266k ($324k) per head paid in 2021 to 35

Man Solutions parts company with CEO

Michael Turner, the CEO of Man Group’s solutions business Man Solutions, and the former CEO of the group’s specialist hedge fund division Man FRM, has left after 16 years with the company, according to a report by CityWire.

Glazer Capital Chief Compliance Officer joins law firm

Kevin Zadourian, a seasoned private funds lawyer and former General Counsel and Chief Compliance Officer at Glazer Capital, has joined US law firm Lowenstein Sandler, as counsel in the firm’s New York office.

Rokos Capital Management to ramp up graduate intake

A 300% surge in graduate applications this year has prompted Rokos Capital Management, a $15.5bn London-based hedge fund firm, to draw up plans to ramp up its graduate intake programme next year, according to a report by Financial News.

UBS adds trading veteran to US execution hub

Veteran trading executive Brian Williamson has joined UBS Group’s US execution hub, which provides a suite of services to help hedge funds and asset managers reduce the costs of running an in-house trading desk, according to a report by Bloomberg.

Millennium expands internship programme

Multi-strat major Millennium is looking to steal a march on its rivals in the ongoing hedge fund recruitment war, by ramping up its internship programme to allow it to grow and develop more talent in-house, according to a report by

Clear Street adds two to tech team

Clear Street, a New York-based independent prime broker, has expanded its technology leadership team with the appointment of Jonathan “Jon” Daplyn as Chief Information Officer and Hari Godbole as Managing Director and Vice President of Engineering, effective immediately.

Anacapa adds to leadership team

Anacapa Advisors, a Californian-based market directional hedge fund firm, has expanded its leadership team with two new senior hires – Sam Rosenberg as Head of Business Development, and Mark Wayner as Senior Fund Manager.

Qube taps fintech for new talent

Hot on the heels of DE Shaw’s addition of a former fintech product manager in Singapore to its trading team, comes news that new quant fund Qube Research & Technologies has also hired a former fintech employee, according to a


22 November, 2023 – 8:00 am

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