People
Quantitative hedge fund DE Shaw is quietly increasing its investment in generative artificial intelligence, with a growing internal team focused on applying the technology to talent acquisition, employee development and workforce management, according to a report by eFinancial Careers.
Fasanara Capital has opened its first US office in New York, marking a significant step in the firm’s international expansion strategy as it seeks to deepen relationships with North American institutional investors.
ExodusPoint has hired Daniel Dangoor as a senior portfolio manager in its Dubai office, bringing in a macro trading specialist from Goldman Sachs, where he had spent just one year as head of macro thematic trading in London, according to a report by eFinancial Careers.
Citadel has appointed former Morgan Stanley distinguished engineer Alex Armstrong as head of optimisation and execution within its treasury engineering team, adding another senior banking technologist to the hedge fund’s technology ranks, according to a report by eFinancial Careers.
JPMorgan has lost another senior macro trading executive in Asia, with managing director Youngmin Cho departing for hedge fund Schonfeld Strategic Advisors less than a year after joining the bank from Morgan Stanley, according to a report by eFinancial Careers.
Multi-strategy hedge fund Verition has hired veteran quantitative finance executive Jérôme Brochard as a managing director in London, adding further senior talent to its expanding European platform, according to a report by eFinancial Careers.
Former Federal Reserve governor Stephen Miran is rejoining hedge fund Hudson Bay Capital Management as a senior strategist, marking his return to the firm after a series of senior policy roles in Washington, according to a report by Bloomberg.
OpenAI has hired Tejas Sharma, formerly head of data risk engineering at Citadel in London, as a member of technical staff, as talent migration from hedge funds and quantitative trading firms into AI labs extends beyond junior hires, according to a report by eFinancial Craeers.
Hedge fund Balyasny Asset Management’s latest intern cohort offers a snapshot of the firm’s highly selective recruitment strategy, with a strong emphasis on elite universities and quantitatively oriented academic backgrounds, according to a report by eFinancial careers.
Ken Griffin is accelerating the build-out of his Miami real estate and office campus after a public dispute over tax policy in New York reignited focus on Citadel’s long-term presence in Florida, according to a report by Bloomberg.
