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Balyasny Asset Management has hired Daniel Chen from BlackRock to lead a new team specialising in US investment-grade corporate credit, according to a report by Bloomberg citing an unnamed person familiar with the move.
Schonfeld Strategic Advisors has hired Lorenzo Longo as a portfolio manager, adding the experienced Delta One trader as the multi-strategy hedge fund firm continues to expand its investment team, according to a report by Bloomberg.
Singapore-based hedge fund manager Dymon Asia Capital has secured a commitment of about $1bn from Abu Dhabi Investment Council (ADIC), providing fresh capital for an expansion that spans commodities, London and several Asian markets, according to a report by Bloomberg.
BMO Financial Group is expanding its hedge fund capabilities with a search for a research director who will take responsibility for manager selection and due diligence across its third-party hedge fund platform, according to a report by CityWire.
Balyasny Asset Management has hired Daniel Chen, a former co-head of BlackRock’s US investment-grade platform, as a portfolio manager in New York, adding senior credit expertise to its multi-strategy investment operation, according to a report by eFinancial Careers.
Jain Global is expanding its Asian presence with new hires and additional office space in Hong Kong as Bobby Jain’s multi-strategy hedge fund prepares to transition away from external investors and manage capital exclusively for Millennium Management, according to a report by Bloomberg.
Ken Griffin’s Citadel is imposing non-compete periods of up to two years on some investment professionals, including analysts, as the multi-strategy hedge fund takes an increasingly aggressive approach to retaining talent and protecting its investment strategies, according to a report by Bloomberg.
Brevan Howard has hired Goldman Sachs vice president Carlos Licon as a portfolio manager in New York, adding an emerging-markets macro specialist to its growing investment team, according to a report by eFinancial Careers
Asia-focused hedge fund manager Arrowpoint Investment Partners is strengthening its investment and management ranks with a series of hires from UBS’s former O’Connor platform, including the unit’s regional head and its China long-short team, according to a report by Bloomberg.
Fasanara Capital has appointed Dr Darran Specter, CFA, as Head of Quant Equity, as the $6bn asset manager continues to expand its quantitative investment platform.
