New York-based hedge fund firm Walleye Capital has appointed Portfolio Managers Jared Baker and Conor McDonnell to lead a new financial sector equities investment strategy as the $8bn manager continues to refine its multi-strategy platform, according to a report by

ExodusPoint Capital has appointed Sridhar Nimmagadda as its new Head of AI Transformation, marking another high-profile move in the hedge fund industry’s push to embed generative AI into trading and operations, according to a report by eFinancial Careers.

Sona Asset Management is preparing to appoint Cheyne Capital’s David Hill as its new Chief Financial Officer, replacing departing CFO Iain Colquhoun, according to a report by Reuters citing an unnamed source familiar with the matter.

Joe Arcadi, a former Portfolio Manager in hedge fund Walleye’s now disbanded credit team in its Stamford, Connecticut office, has joined Bank of America in New York as a Macro Credit Trader, according to a report by eFinancial Careers citing

Bobby Jain’s $5.3bn hedge fund Jain Global has hired Gregoire Thomas, a former Millennium Management portfolio manager, as a Portfolio Manager in Hong Kong as it continues to scale its global platform, according to a report by Financial News.

Ken Griffin’s $68bn hedge fund firm Citadel is pushing deeper into Asia-Pacific commodities markets with the launch of an Australian trading desk, anchored by the hire of Keith Handbury, a senior trader from Shell, according to a report by Bloomberg.

One of Deutsche Bank’s top hedge fund salespeople, Ryan Bouchikhi, is set to leave the German lender for a hedge fund. While his new employer hasn’t been confirmed, a report by eFinancial Careers has suggested it could be Balyasny Asset

Event-driven investment firm Lykos Global Management has hired J Andrew McEntire, multi-=strategy hedge fund firm Point72 Asset Management’s long-standing global head of capital markets, as its new President, according to a report by Bloomberg.

Jersey-based global macro hedge fund major Brevan Howard, has parted ways with Gautam Sharma, Chief Executive Officer of its digital investment arm BH Digital, after nearly five years with the firm, according to a report by Bloomberg.

Boaz Weinstein’s Saba Capital Management is strengthening its bench with two senior appointments as the $6bn credit-focused hedge fund prepares to expand into systematic trading strategies, according to a report by Reuters.