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Top-performing Singapore-based hedge fund Dymon Asia Capital is accelerating its expansion across Asia, amid growing investor appetite for regional exposure and a broader industry push to diversify return streams beyond developed markets, according to a report by Business Times.
Forza Investment Group, a credit-focused private investment firm managing around $1.6bn in assets, has appointed Arun Seshadri as Managing Director & Portfolio Manager, Capital Solutions & Origination.
Marex has bolstered its prime brokerage and outsourced trading sales team in New York with the appointment of Patterson McDonald, as the firm continues to scale its global offering for hedge funds and asset managers.
Moore Capital Management, the storied New York hedge fund founded by Louis Bacon, is quietly strengthening its bench by rehoming high-performing portfolio managers exiting rival multi-strategy firms, according to a report by eFinancial Careers.
VMS Group, a $4bn Hong Kong-based multi-family office with deep ties to the city’s billionaire elite, is pivoting toward hedge fund strategies as client demand shifts away from private equity and into more liquid alternatives, according to a report by Bloomberg.
StoneCastle Securities, a broker-dealer specialising in private-credit trading with institutional investors, has appointed Colin Ives as a Managing Director, to enhance the firm’s reach in private credit trading.
Hedge fund quants are increasingly heading for the exits after receiving underwhelming bonuses, despite the availability of flexible working arrangements, according to a report by eFinancial Craeers citing a new industry salary survey from recruitment firm Albert Bow.
Gregory Galimberti, the Head of Americas Gasoline at TotalEnergies’ US trading arm, Atlantic Trading & Marketing Inc, has departed the energy major to join multi-strategy hedge fund Verition Fund Management, according to a report by Reuters citing three people familiar with the matter.
Citigroup is expanding its Asia rates and prime brokerage teams by up to 10% over the next year, as booming activity from hedge fund clients fuels growth across the region, according a report by Bloomberg citing to Paul Smith, the bank’s Head of Markets for Japan, North Asia, and Australia.
Schonfeld Strategic Advisors, a multi-manager hedge fund with $14bn in AUM, has appointed Michael Grad, the former global head of business development at BlueCrest Capital, as its Chief Investment Initiatives Officer, according to a report by Business Insider.
