TOP STORY: President Donald Trump has nominated G Hunter McMaster II, a former executive at hedge fund Key Square Group, to serve as Assistant Treasury Secretary for Financial Markets, formalising a role he has already been effectively carrying out since
Systematic commodities trader Steffen Hippler, who joined Qube Research & Technologies in January 2026 after leaving the now-defunct Eisler Capital, has left the firm just weeks later according to a report by eFiancial Careers citing a the UK Financial Conduct
Ken Griffin, founder of hedge fund Citadel and market-making firm Citadel Securities has cautioned that wealthy investors may not fully understand the risks embedded in private credit, particularly the limitations on accessing capital during periods of market stress, according to
Millennium Management has hired the former chief technology officer of a major high-frequency trading firm to work on ultra-low-latency trading systems, underscoring continued investment by hedge funds in advanced execution technology, according to a report by eFinancial Careers.
Jain Global’s plan to return external investor capital and operate exclusively as part of Millennium Management from October 2026, has prompted uncertainty around the hedge fund’s organisational structure and headcount, according to a report by eFinancial Careers.
Citadel has reshaped key parts of its investor recruitment and business development function as competition for senior investment talent intensifies across the hedge fund industry, according to a report by Business Insider.
Schonfeld Strategic Advisors has filed a lawsuit against portfolio manager Adam Grunfeld, accusing him of reneging on a pre-agreed move to join the firm and seeking damages of around $11m tied to the aborted hiring deal, according to a report
Market-maker Optiver is stepping up recruitment from investment banks and hedge funds as the electronic trading firm continues to scale rapidly and deepen its push into new markets, particularly the US, according to a report by eFinancial Careers.
Jain Global, the multi-strategy hedge fund founded by Bobby Jain, has stepped up hiring in its London office, adding several senior quantitative specialists in recent months as it develops its data-driven trading platform, according to a report by eFinancial Careers.
Balyasny Asset Management has hired Ross Hendey from Glencore as part of a continued push to scale its commodities capabilities, according to a report by Reuters citing unnamed sources familiar with the move.
