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Shiprock Capital Management has bolstered its emerging-markets team with the hiring of Nadir Cura, formerly at Converium Capital, as the London-based hedge fund continues to expand its roster of developing-world investment specialists, according to a report by Bloomberg.
The $5tn hedge fund sector is increasingly defined not by headline trades or fund launches, but by the fierce competition among the biggest firms to hire and retain top portfolio managers, according to a report by Business insider.
Ryan Tolkin, CEO of multi-strategy hedge fund Schonfeld Strategic Advisors, has suggested that artificial intelligence could largely replace traditional data analyst roles within the industry, according to a report by eFinancial Careers
London-based multi-strategy hedge fund Capula has reported a decline in revenue and profits for the year ending 31 March 2025, prompting reductions in pay across the firm, according to a report by Bloomberg, citing recent financial filings.
Balyasny Asset Management portfolio manager Allen Zhang has left the firm after a year to return to Cinctive Capital, where he previously spent two years as a Portfolio Manager, according to a report by Financial News London.
Jain Global, the hedge fund founded by former Millennium Management Co-Chief Investment Officer Bobby Jain, has strengthened its investment team with the appointment of Alex Coats, a senior rates trader from JPMorgan.
Ilex Capital, the hedge fund founded by former Citadel traders Jonas Diedrich and Dave Sutton, sharply increased compensation for its highest-paid individual during its most recent financial year, alongside a significant rise in profits and assets under management, according to a report by Financial News London.
Hedge fund Element Capital Management has won an arbitration ruling allowing it to enforce a non-competition agreement against a former senior trader, delaying his move to rival firm Squarepoint Capital, according to report by Bloomberg.
King Street Capital Management, a US alternative investment firm operating arbitrage/relative value, event-driven, and directional strategies, has promoted Kris Mastronardi, the firm’s COO and Global Head of Strategy, to Partner.
Bridgewater Associates is planning a significant expansion of employee equity ownership, with more than 60 per cent of staff set to hold stakes in the hedge fund from next year, following a standout performance year for its flagship macro strategy, according to a report by Reuters.
