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Hedge fund majors Bridgewater Associates and Point72 Asset Management are both on the lookout for specialist China analysts as the firms look to keep abreast of Beijing’s economic and wider political policies, according to a report by the South China Morning Post.
Bobby Jain, the former Co-CIO of Izzy Englander’s Millennium Management, has made the first major hire for his upcoming hedge fund launch – former BofA executive Jonathan Barton, who has been appointed as Chief Operating Officer.
Jain, who was prevented from hiring staff until the start of this month as part of his exit agreement from Millennium, where he spent seven years, has wasted no time in tapping the former BofA Managing Director and Head of Equities Product Development and Strategic Initiatives. Barton will be tasked with helping to build-out what many on Wall Street are predicting will be one
Dymon Asia Capital, a Singapore-based, multi-strategy hedge fund firm that currently manages around $4bn in assets, has hired ex-Goldman Sachs Group managing director Jaewon Yu as it prepares to raise $1bn in fresh funds, according to a report by Bloomberg.
The report cites Deputy Chief Executive Officer and Managing Partner Kenneth Kan as revealing that Dymon is adding to its current operations in Singapore, Hong Kong and Tokyo, with the opening of a new office in Mumbai, although Yu will be Hong Kong-based. Dymon is planning to ramp up its fundraising efforts in the US, the UK and Japan from
Derivatives and securities exchange network Cboe Global Markets, has promoted Jill Griebenow to Executive Vice President, Chief Financial Officer and Treasurer, replacing Brian Schell who will be departing the company to pursue a new professional opportunity outside of the exchange industry.
Griebenow will assume the new role beginning 10 July, 2023, after working alongside Schell for the past 12 years.
With more than 20 years of experience, Griebenow has served as Chief Accounting Officer since 2018, a role she will also continue to hold. Prior to that, Griebenow was Chief Financial Officer of Cboe’s European operations, charged with managing the
Verition Fund Management has become the latest hedge fund to announce plans to open an office in Dubai, following a host of other managers who have expanded to the UAE’s financial hub, including BlueCrest, Millennium Management and ExodusPoint Capital Management, according to a report by Reuters.
New York-headquartered hedge fund Millennium Management is planning to expand its operation in India by launching a recruitment drive to fill more than 20 vacancies at its office in Bengaluru, according to a report by The Financial News.
The report cites an unnamed source with knowledge of the matter as revealing that Millennium, which manages around $59bn in assets, currently has 21 open roles in the city.
Vacancies include a Java engineer, a team lead for treasury technology, a compliance surveillance analyst and a quantitative developer, while the firm is also reportedly looking to recruit a quantitative researcher.
In June,
Multi-strategy hedge fund major Citadel has continued its hiring spree with the addition of three new money managers to its Ashler Capital long-short equities trading business, according to a report by Bloomberg.
The report cites a spokesman for the $59 billion hedge fund firm as confirming that James Thetford, who previously worked at Point72 Asset Management, and Spencer Schwartz, formerly at Samlyn Capital, joined in June, while Mack Ewing is set to join in October from Sculptor Capital.
Ashler, which is now home to 19 teams of traders, is one of four long-short stocks businesses at Citadel.
Morgan Stanley has recently lost the services of three operations directors – two MDs and an executive director – with all three leaving the bank to join hedge fund firms, according to a report by eFinancial Careers.
Ashish Srivastava, who was with Morgan Stanley for 12 years in New York, most recently as global head of prime brokerage and margin operations, has left to join Millennium as an operations manager, despite being made an MD at the bank in January last year.
Also in New York, Brian Dorber, an executive director at Morgan Stanley across Asia, Europe and the US
Dechert has added Robert Leonard and Michael Mavrides, both specialists in the formation and operation of hedge funds on behalf of domestic and international clients, as Partners in the firm’s financial services and investment management practice in New York.
Leonard and Mavrides have worked alongside one another for over two decades, most recently as Partners in the hedge funds group at Proskauer Rose.
Their work includes providing fund formation and regulatory advice on the legal issues that affect hedge funds, their management companies, and the individuals in charge, as well as the sourcing and use of alternative data of asset
Enfusion, a provider of cloud-native, software-as-a-service solutions for hedge funds and other investment managers, has appointed Andi Woolass as the company’s new Head of Partnerships and Alliances for EMEA.
