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JPMorgan has hired Vincent Berthelemy, head of quantitative investment strategies (QIS) and asset allocation at BNP Paribas, in a senior move highlighting ongoing competition for quant talent in Paris.
Millennium Management has strengthened its investment team in Switzerland with the appointment of Pierre-Anthony Badet as Senior Portfolio Manager in its Zug office, continuing the firm’s expansion across the EMEA region.
Citi has appointed Michael Yannell as head of hedge funds for investment solutions within its wealth division, as the bank continues to expand its alternatives platform and strengthen its hedge fund offering, according to a report by Citywire.
Millennium Management co-chief investment officer Paul Russo will retire at the end of 2026, marking the latest leadership change at the $89bn multistrategy hedge fund, according to a report by Bloomberg.
King Street Capital Management is undertaking a broad restructuring of its investment business following a period of disappointing performance and the departure of several senior partners, according to a Bloomberg report.
Citadel founder Ken Griffin played a pivotal financial role in the appointment of U.S. men’s national soccer team head coach Mauricio Pochettino, underscoring the billionaire hedge fund manager’s long-standing commitment to developing the sport in the United States, according to a report by Reuters.
BlueCrest has continued to strengthen its macro trading ranks with the addition of former Barclays rates trader Ankur Aneja, who joined the firm as a partner last year as founder Mike Platt expands the family office’s investment talent, according to a report by efinanicalcareers.
Ken Griffin is donating $26 million to help complete the Theodore Roosevelt Presidential Library, a $450 million project in Medora, North Dakota, set to open on July 4, according to a report by Bloomberg.
A former Element Capital Management trader has been ordered to forfeit more than a year’s worth of compensation after an arbitrator found he disclosed confidential information before joining rival hedge fund Squarepoint Capital, according to a report by Bloomberg.
Bank of America has recruited a former HSBC trader who briefly left the banking sector for a role with hedge fund Taula Capital, marking a further example of talent circulation between traditional fixed income trading desks and alt investment firms, according to a report by eFinancial Careers.
