Singapore-based hedge fund Southern Ridges Capital, kicked off 2024 with high hopes, expanding its team by adding several new portfolio managers, but has now seen a wave of senior departures following a 3% loss in just three days in early
Despite its reputation for high pay, average salaries at multi-strategy hedge fund major Millennium’s London office fell below £1m ($1.31 million) for the first time ever last year, according to a report by eFinancial Careers.
Schonfeld, the top-performing multi-strategy hedge fund of 2024, which has outpaced rivals including Citadel and Millennium so far this year with a 13.1% gain, is continuing with a hiring push after growing its headcount by 11.2% YTD, eFinancial Careers.
Marex Prime Services is establishing a dedicated presence in Dubai, complementing the firm’s existing operations in the Middle East region with Mazen Najjar, who has more than 12 years’ experience in MENA financial services and prime brokerage sales, the first
Citadel, the $64bn multi-strategy hedge fund major, has ramped up its Asia fundamental equities team to more than 60 employees in just over three years, with the latest additions – Portfolio Managers Doris Yang and Jerry Jiang – set to
MFA has elected Jody Gunderson, Managing Principal of AB CarVal, as its new Board Chair and also named new members of its Board of Directors for the 2025 fiscal year, including execs from alternative asset management firms and service providers.
Axyon AI, which aims to improve asset manager performance by delivering alpha opportunities via AI-powered asset rankings and AI strategies, has appointed Professor Petter Kolm as a Scientific Advisor to the firm.
Millennium Management has added Gary Quaranta, a seasoned hedge fund professional with over two decades of experience, to its team as part of an ongoing push to strengthen its technology and data capabilities, according to a report by eFinancial Careers.
Punit Kaji, a Singapore-based fund manager who joined BlueCrest Capital Management as a Senior Portfolio Manager in September last year, is returning to his previous employer Dymon Asia, according to a report by eFinancial Careers.
Dechert LLP has appointed Anthony Lombardi as a fund finance partner in London to help expand its fund leverage capacity across asset classes, including private equity funds, hedge funds and private credit funds, and bolster its presence in Europe.
