People
Millennium Management has hired a Sameer Buch (pictured) a senior equities business development executive from rival hedge fund Schonfeld Strategic Advisors in London, as the firm continues to expand its equities platform in Europe, according to a report by eFinancial Careers.
Brevan Howard is adding senior macro trading talent and potentially expanding its investment headcount, even as its flagship macro strategy has faced a turbulent trading environment, according to a report by eFinancial Careers.
Citadel boss Ken Griffin may hold Miami in high regard as a financial hub, but many New York-based hedge fund portfolio managers remain uncovinced about the city’s merits over NYC, despite renewed political tensions in the Big Apple, according to a report by eFinancial Careers.
A high-profile macro trader has switched employers at the last moment, abandoning a planned move to Millennium Management in favour of joining Citadel, underscoring intensifying competition for elite hedge fund talent, according to a report by Bloomberg.
Man Group, the world’s largest listed hedge fund firm, has added to its team in New York with the appointment of Eisler Capital senior portfolio manager Allan Levin as a portfolio manager, according to a post on his LinkedIn profile.
Wall Street bonus pools are expected to be broadly flat in 2026, although hedge fund professionals are expected to see continued compensation growth but at a more measured pace than in the most buoyant post-pandemic years, according to a report by Bloomberg citing data from consultancy Johnson Associates.
Brazilian hedge fund SPX Capital is undergoing a significant organisational reshuffle, with senior portfolio managers, including partner Marcelo Castro, departing and the firm set to close its London office as part of a broader strategic overhaul, according to a report by Bloomberg.
Sculptor Capital Management is reshaping its investment leadership framework as it prepares for a potential future without chief investment officer Jimmy Levin, introducing a new governance model designed to support succession and long-term stability.
Motive Partners has appointed former Citadel chief technology officer Umesh Subramanian as a partner, tasking him with leading the firm’s artificial intelligence initiatives as it deepens its focus on technology-driven investing, according to a report by Bloomberg.
Paloma Partners is reducing headcount by nearly a dozen employees, including senior strategy, marketing, and compliance roles, as the $1.1bn multi-strategy hedge fund continues a broader restructuring under its current leadership, according to a report by Business Insider.
