King Street Capital Management, a US alternative investment firm operating arbitrage/relative value, event-driven, and directional strategies, has promoted Kris Mastronardi, the firm’s COO and Global Head of Strategy, to Partner.
Citadel, the $72bn hedge fund led by Ken Griffin, is set to establish an office in Dubai next year, marking a significant expansion into the UAE and a boost for the city’s ambitions as a hedge fund hub, according to
Point72 Asset Management is providing its largest-ever initial backing to a departing trader, veteran portfolio manager Alex Silverstein, as he spins out his health-care trading team to launch a new hedge fund, Sirenia Capital Management, according to a report by
Bridgewater Associates is planning a significant expansion of employee equity ownership, with more than 60 per cent of staff set to hold stakes in the hedge fund from next year, following a standout performance year for its flagship macro strategy,
Calibrate Partners, the London-based hedge fund founded by former Morgan Stanley executive John White, has opened an office in Dubai as part of its international expansion, according to a report by Financial News London citing people familiar with the matter.
Citadel, the hedge fund and financial conglomerate founded by Ken Griffin, is relocating its remaining Chicago staff from the iconic Citadel Center in the Loop to a smaller office north of the Chicago River, according to a report by Bloomberg
Shiprock Capital Management is preparing to launch a new hedge fund in 2026 as it looks to expand its debt trading capabilities, and has hired ex Deutsche-bank debt trader Alex Williamson to support the build-out of the new strategy, according
Jay McCall, the founding member of Citadel’s North American environmental products trading team, has joined Jain Global to build an integrated platform trading renewable energy and environmental products, including carbon, renewable electricity, and renewable fuels.
Major multi-strategy hedge funds firms are continuing to expand their technology capabilities, with both Millennium Management and Citadel adding senior engineering talent in New York, according to a report by eFinancial Careers.
Hedge fund firm Point72’s quant arm, Cubist Systematic Strategies, has seen another senior departure as Jae Ho Kim, head of portfolio research, has gone on gardening leave, according to a report by eFinancial Careers.
