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Two senior energy traders, Toby Sheppard and Max Iakovlev have left Balyasny Asset Management LP’s London office, according to a report by Bloomberg citing unnamed sources. Both were part of the firm’s power and gas trading team.
Hedge fund Millennium Management has recruited three equities traders from rival Citadel as competition for investment talent intensifies among the industry’s largest multi-strategy firms, according to a report by Bloomberg.
Activist hedge fund Irenic Capital Management has hired former Apollo Global Management principal E‑Fei Wang as managing director and head of private equity as the firm expands its private equity practice, according to a report by Bloomberg.
Global fintech Broadridge Financial Solutions has appointed Allen Wienberg as its new Chief Growth and Strategy Officer – a newly created role at the firm, with a remit to increase the profitability and competitiveness of the business.
Macro hedge fund Taula Capital Management has recruited a seven-person trading team from key backer Millennium Management, underscoring founder Diego Megia’s continued build-out of the firm’s trading capabilities, according to a report by Bloomberg.
Multi-strategy hedge fund major Millennium has hired Samuel Krasnik, a former Goldman Sachs quantitative strategist who most recently worked at rival hedge fund Citadel, according to a report by eFinancial Careers.
Multi-strategy hedge fund Brevan Howard has significantly increased compensation for its graduate recruits, lifting starting pay from £90,000 to £150,000 as competition for junior talent intensifies across the sector, according to a report by eFinancial careers.
Jain Global, the hedge fund founded by Bobby Jain, former co-CIO at Millennium, has added a new portfolio manager to its London team – Zhichao Cai, previously a quantitative researcher at Eisler Capital – according to a report by eFinancial Careers.
Hedge fund Point72 Asset Management, led by Steve Cohen, has recruited Ryan Sheffler from Castleton Commodities International to lead an investment team focused on natural gas, according to a report by Reuters citing unnamed sources familiar with the matter.
Millennium Management has recruited Erdit Hoxha, co-head of global equities at Goldman Sachs, marking the latest high-profile hire from the investment bank by the $86bn multi-manager hedge fund, according to a report by the Financial Times.