London-headquartered multi-strategy hedge fund Eisler Capital is shutting its New York office and laying off 79 staff by December 28, according to a report by Bloomberg citing a recent filing with the New York State Department of Labor.
The cuts follow the fund’s September decision to wind down its business amid poor investment performance.
Eisler recently occupied space in the Spiral at 66 Hudson Yards. Some former New York employees are already moving to new roles, including portfolio manager Greg Bugaj at Walleye and head of research Andrew Benito at Point72.