Jain Global, former Millennium co-CIO Bobby Jain’s much anticipated hedge fund launch, may be struggling to hit its original fundraising target, but recruitment is continuing apace, with Adil Hayat as the firm’s latest new recruit, according to a report by
Citadel Securities, the market making business founded by Citadel hedge fund boss Ken Griffin, has bolstered its new credit business with the addition of two new sales appointments – Matt Amalfitano and Allyson Ehrlickman.
Hildene Capital Management, a $14.7bn credit-focused asset manager, has appointed Jason Schechter as Head of Capital Markets.
Sumant Wahi, a former Partner at global long-short equity investment manager Gladstone Management, has joined Man Group as Portfolio Manager for a new tech-focused stock-picking strategy, according to a report by Business Insider.
Abacus Group, a Managed Services Provider for hedge funds and other alternative investment firms, has expanded its research and development and customer support capabilities with the opening of a new office in central Edinburgh.
Five portfolio managers have jumped ship from Credit Suisse to Lombard Odier IM where they will launch a new global macro fund on the firm’s 1798 Alternatives platform during the third quarter of 2024, according to a report by Investment
Hong Kong-based hedge fund Torq Capital is shutting up shop after more than seven years of trading with founder and Chief Investment Officer Avinash Abraham set to re-join Citadel as a Portfolio Manager, 15 years after leaving the firm, according
Sean Gambino, who closed his own Heron Bay Capital hedge fund firm in 2022 to join Eisler Capital, is leaving the multi-strategy investment firm to set up on his own again, according to a report by Bloomberg.
Multi-strategy major Citadel has parted company with two of its portfolio managers – Matthew Carter-Tracy and Jospeh DiGiacomo – while another – Ben Shapiro – is rejoining Ken Griffin’s $62bn firm, according to a report by Bloomberg.
Despite bonus season looming large, Goldman Sachs has seen several staff depart its London-based rates trading business to take up new positions at hedge fund firms in recent weeks, according to a report by eFinancial Careers.
