Top hedge fund professionals are increasingly hiring talent agents, following a model more commonly seen in Hollywood and professional sports amid intensifying competition for talent among multi-manager platforms, according to a report by the Wall Street Journal.
MFA has appointed John Van Etten as Managing Director, Head of US Government Affairs to lead the association’s engagement with Congress and the Administration on a broad range of policy issues affecting the alternative asset management industry.
Brevan Howard has cut at least four employees in its technology teams in both London and Abu Dhabi, representing roughly 2% of its middle- and back-office workforce, according to a report by Bloomberg citing unnamed sources familiar with the matter.
Malcom Pratt, former co-head of EMEA high-touch sales trading at Bank of America, has joined RBC as a hedge fund sales trader following a short-lived move to fintech firm Clear Street, according to a report by eFinancial Careers.
Hedge fund veteran Ricky Mewani is leaving Citadel to join rival multi-stratgey firm Balyasny Asset Management following a $50m drawdown in his healthcare portfolio, according to a report by Bloomberg citing unnamed sources familiar with the matter.
Verition Fund Management has appointed Alex Mouturat, a former senior portfolio manager at Millennium Capital Partners, to build a dedicated energy trading team focused on European natural gas, power, carbon, and oil, according to a report by Bloomberg.
Bridgewater Associates has chosen five finalists from five countries for its “Forecasting the Future” talent initiative, offering $25,000 awards and potential employment opportunities at the $92bn macro hedge fund, according to a report by Reuters.
BNP Paribas has named Eric Nelson as Head of US Hedge Fund and Asset Manager Sales for the Americas, as the bank looks to deepen relationships with top clients across its equity derivatives franchise, according to a report by Alternatives
Multi-strategy hedge fund Schonfeld Strategic Advisors has seen a shake-up across its senior technology ranks, with several high-level departures offset by new hires as the firm continues to invest in its trading infrastructure, according to a report by eFinancial Caeers.
Bobby Jain’s hedge fund Jain Global has bolstered its investment team with the hiring of Joseph Kansao, formerly a partner at BlackRock and an event-driven strategies specialist, as a Portfolio Manager, according to a report by Financial News.
