Millennium Management has recruited top quant Alborz Elizei from Cubist Systematic Strategies, the quantitative arm of Point72, in a notable hire that strengthens its already deep bench of systematic talent, according to a report by eFinancial Careers.
Balyasny Asset Management is ramping up its data capabilities with a string of high-profile hires from rivals including Citadel and Morgan Stanley, as hedge funds increasingly compete for talent once dominated by tech giants and electronic trading firms, according to
TOP STORY: Man Group has cut jobs and elevated long-time executive Greg Bond (pictured) to the newly created role of Chief Investment Officer, as CEO Robyn Grew pushes ahead with an overhaul of the firm’s leadership structure, according to a
Hewlett Packard Enterprise has struck a boardroom truce with activist investor Elliott Investment Management, naming veteran tech executive Robert Calderoni to its board and establishing a new strategy committee he will chair, according to a report by Reuters.
A high-stakes legal battle has erupted between Walleye Capital and former volatility arbitrage head Geoff Tennican, highlighting the intensifying tensions hedge funds face when top talent exits to launch rival ventures, according to a report by Bloomberg.
Hedge fund giant Millennium Management has reportedly lost one of its top-performing portfolio managers from its flagship quant unit Azur, with his proposed departure sparking a legal battle over restrictive covenants, according to eFinancial careers.
China’s quantitative hedge funds are ramping up US recruitment efforts, targeting science, technology, engineering, and mathematics (STEM) students disrupted by President Donald Trump’s student visa restrictions and university funding cuts, according to a report by Bloomberg.
ATFX Connect, an automated trading venue that delivers liquidity solutions to hedge funds, asset managers, brokers, private banks, and other financial institutions. appointed Michael Mirarchi as Managing Director of Institutional Sales for Latin America.
Bitwise has appointed Max Shannon as a Senior Research Associate within its European research team reinforcing the firm’s commitment to research and investor education, aimed at making crypto assets more widely accessible.
Despite earlier signals that 2025 would focus solely on performance, London-based macro hedge fund Taula Capital has increased its headcount from 77 to 110 in the first half of the year – a 43% jump, according to a report by
