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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.
Point72 Asset Management is providing its largest-ever initial backing to a departing trader, veteran portfolio manager Alex Silverstein, as he spins out his health-care trading team to launch a new hedge fund, Sirenia Capital Management, according to a report by Bloomberg.
Citadel, the $72bn hedge fund led by Ken Griffin, is set to establish an office in Dubai next year, marking a significant expansion into the UAE and a boost for the city’s ambitions as a hedge fund hub, according to a report by Bloomberg.Citadel
Calibrate Partners, the London-based hedge fund founded by former Morgan Stanley executive John White, has opened an office in Dubai as part of its international expansion, according to a report by Financial News London citing people familiar with the matter.
Citadel, the hedge fund and financial conglomerate founded by Ken Griffin, is relocating its remaining Chicago staff from the iconic Citadel Center in the Loop to a smaller office north of the Chicago River, according to a report by Bloomberg citing unnamed sources familiar with the matter.
