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.
Ed O’Reilly, the Global Head of the Client and Partner Group at multi-strategy hedge fund major Citadel is set to retire later this year, according to a report by Reuters citing an internal company memo.
Peter Martin, the former CEO of Odey Asset Management, the hedge fund firm that began closing in October 2023 following sexual harassment allegations against founder Crispin Odey, has joined boutique investment firm Oberon Investments Group, according to a report by
Squarepoint Capital is stepping up its expansion into physical metals trading with a significant hiring push, recruiting seven experienced traders from MRI Trading AG, a specialist metals firm founded by Marc Rich, according to a report by Bloomberg.
Maxwell Lee, a high-profile commodities hire at Jain Global, has left the firm less than 12 months after joining from Bank of America, according to a report by Business Insider citing unnamed people familiar with the matter.
Citigroup has named Jignesh Patel, a former executive at both Millennium and Goldman Sachs, as head of Asia-Pacific prime finance, underscoring the bank’s push to grow its hedge fund servicing business in the region, according to a report by Bloomberg.
Deutsche Bank is rebuilding its US high-yield trading franchise with the appointment of former Walleye Capital portfolio manager Travis McCormack, according to a report by eFinancial Careers citing unnamed market sources.
Fairlight Capital Partners, which seeds, backs, and builds specialist investment managers, has named Mikkel Bates as Senior Board Adviser, as the investment firm accelerates its push into the UK professional investor and wealth management market.
Barclays’ head of US dollar swaps trading, Justin Firmino, has left the bank and is set to join a hedge fund, according to market sources. While the destination has not been confirmed, industry chatter points to Brevan Howard, according to
London-based distressed and special situations hedge fund Shiprock Capital Management has appointed Mauro Roca – previously head of Latin America Sovereign Strategy at TCW Group – as senior sovereign strategist, according to a report by Alternatives Watch.
