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Andon Hong Kong Ltd, the investment arm of Chinese medical device maker Andon Health Co, is expanding its global alternatives footprint with the opening of a New York office, marking a significant move into hedge fund and private market investing, according to a report by Bloomberg.
Global financial services executive recruitment firm Options Group has bolstered its London and Hong Kong teams with the hires of Louis Couronne and Macaire Chue as vice presidents, underscoring growing demand for electronic trading and hedge fund talent, according to Hunt Scanlon.
TT International, an alpha-driven specialist investment manager, has appointed Michael Tambue as an Emerging Markets Investment Specialist for its Emerging Markets franchise working across equities and fixed income.
GAM Holding has appointed Albert Saporta as Group Chief Executive Officer effective 1 July 2025, succeeding Elmar Zumbuehl who will remain with the business until 31 December 2025 to support the transition. Tim Rainsford meanwhile, is returning to the firm as Group Chief Distribution Officer on 1 October 2025.
A fierce and intensifying war for top trading talent is reshaping the landscape of elite hedge fund hiring, with compensation packages offered by leading multi-manager hedge funds now exceeding $100m, according to a report by the Wall Street Journal.
Marex has appointed its first prime services team member in Singapore with the hire of Rebecca Kim, reflecting growing demand for the firm’s prime brokerage services in the APAC region and the importance of Singapore as a regional financial hub.
Citadel, the multi-strategy hedge fund led by Ken Griffin, has appointed seasoned oil and fuel trader Shai Barnea as a portfolio manager in its refined products business, according to a report by Reuters citing unnamed sources familiar with the matter.
Michael Grad, the influential Global Head of Business Development at BlueCrest Capital Management, is set to depart the hedge fund-turned-family office founded by Michael Platt, according to a report by Business Insider citing several industry sources.
Jefferies Financial Group is adding more than a dozen traders to build out its outsourced trading desk, particularly in fixed income, amid a boom in demand from hedge funds and other asset managers, according to a report by Bloomberg.
New Holland Capital, an alternative investment manager overseeing more than $6bn in discretionary absolute return strategies for institutional clients, has appointed Stephan Brohme as the firm’s Chief Risk Officer.
