The world’s nine biggest multi-strategy hedge fund firms – Citadel, Millennium, Balyasny, Point72, Verition, Schonfeld, Walleye, Eisler and ExodusPoint – now employ a combined 15,665 people, with almost half that total (7,103) being in investment roles, according to a report
Citadel has appointed Zheng Wang, a former Senior Software Engineer at San Francisco-based self-driving vehicle technology specialist Cruise, as a software Engineer based in the multi-strategy major’s New York headquarters.
Gregory Ciongoli, a partner in the public investment group at The Baupost Group, has left the $23bn value-oriented, multi-strategy hedge fund firm, which is headed by Chef Executive Officer and Portfolio Manager Seth Klarman, according to a report by Pensions
Dr Clemens Völkert, Chief Risk Officer of European Commodity Clearing will leave the company at the end of March 2024. Völkert, who has held the position since July 2021, did not seek an extension of his contract for personal reasons.
Jaime Villa, Head of Macro Research at $13.8bn proprietary trading firm-turned hedge fund Schonfeld Strategic Advisors, has left the business after just 15 months in the role, according to a report by Business Insider.
Linyun Fu, a software engineer at X who survived Elon Musk’s axing of 50% of jobs at the social media platform, has left the company after eight years to take up a new software engineering role at multi-strategy hedge fund
Farallon Capital Management, the San Francisco-headquartered multi-strategy hedge fund firm founded by Tom Steyer, has appointed Katie Mathieson as the Chief Compliance Officer (CCO) for Farallon Capital Europe effective 25 March, according to a report by Pensions & Investments Online.
London-based, emerging markets-focused hedge fund firm Gemcorp Capital is putting together a 15-strong team to run its new new trading office, which is due to open in Abu Dhabi later this year, according to a report by Bloomberg.
Losses of more than $70m prompted multi-strategy hedge fund firm ExodusPoint Capital Management to stop Dubai-based Portfolio Manager Bhavit Sawjani’s trading activities late last year, according to a report by Bloomberg.
Ben Hutson has left his position as a Portfolio Manager at Garda Capital Partners, the fixed income-focused hedge fund firm spun out of Black Rivffer Asset Management in 2015, to rejoin Barclays, according to a report by eFinancial Careers.
