People
Steve Cohen’s Point72 Asset Management has appointed Geoffrey Lauprete, former Chief Investment Officer of WorldQuant, as head of its systematic trading unit Cubist Systematic Strategies, according to a report by Bloomberg.
Hong Kong-based hedge fund Welwing Capital Group has hired Rikhil Agarwal, a rates trader from Morgan Stanley Singapore, to join its growing Dubai office, according to a report by eFinancial Careers citing unnamed people familiar with the matter.
JPMorgan is set to part ways with Sean George, the high-yield trader it hired from Millennium Management in 2023. Details surrounding his departure remain unclear, including whether it was voluntary or a bank-led decision, according to a report by eFinancial Careers.
Credit-focused hedge fund firm Beach Point Capital Management has named Joshua Baumgarten as president and Chief Investment Officer, strengthening its senior leadership team as it expands across private credit and opportunistic strategies, according to a report by Bloomberg.
Commodities trading firm Castleton Commodities International has hired former Millennium Management Senior Oil Trader Roberto Rosales to head up a newly established oil trading team in Geneva, according to a report by Reuters citing unnamed people familiar with the move.
Hedge fund firms in London are offering some of the most lucrative pay packages for credit research analysts, according to report by eFinancial careers citing a recent study by recruitment consultancy Octavius Finance.
Marex has strengthened its global capital introduction team with the appointment of Leah Teo as then team’s first Singapore-based member, Teo will work closely with colleagues in Hong Kong to drive the firm’s APAC business, supporting banks, hedge funds, investment managers, and family offices.
JPMorgan Chase has hired Jane Wu, former Chief Investment Officer of healthcare-focused hedge fund Springhill Fund Asset Management, to head its China healthcare investment banking franchise, as capital markets activity in the sector accelerates, according to a report by Bloomberg.
Credit-focused hedge fund Ridge Capital has strengthened its client-facing capabilities with the appointment of Pierre Giannini as Business Development and Investor Relations Europe, according to a report by HedgeNordic.
Bobby Previti, a former welder who rose to become a Managing Director at Bank of America, is set to join a hedge fund following his departure from the US bank’s London trading desk, according to a report by eFinancial Careers citing market sources.
