Balyasny Asset Management has tapped Joon Park, co-founder of shuttered stock-trading hedge fund Kodai Capital Management, as Chief Operating Officer of its long-short equities division, according to a report by Bloomberg.

With volatility roiling markets and a wave of portfolio manager exits sweeping through firms, hedge fund “super-recruiters,” or business development professionals, have become central to the industry’s future, according to a report by eFinancial Careers.

Himanshu Gulati, founder of credit-focused hedge fund Antara Capital, is set to join Marshall Wace, marking a high-profile departure amid ongoing challenges at his firm, according to a report by Bloomberg.

Balyasny Asset Management has secured a high-profile hire in the Asian macro space, luring seasoned yen rates portfolio manager Ron Choy from BlueCrest Capital Management with a compensation package reportedly worth around $30m, according to a report by Bloomberg.

Macro hedge fund heavyweight Caxton Associates has hired Anurag Nema, a commodities-focused money manager, from Bobby Jain’s hedge fund startup, Jain Global, as part of its ongoing expansion in Asia, according to a report by Financial News.

Hedge funds may have rushed headfirst into the AI arms race, but now they’re facing a new and unexpected hiring challenge – too many AI specialists, and not enough candidates for anything else including core trading technology roles, according to a report by eFinancial Careers.

SimCorp, a leading financial technology company and provider of investment management solutions for the global buy side, has promoted Ronan Donnelly to the position of Chief Operations Officer, effective immediately.

As hedge fund activism surges across global markets, JPMorgan Chase is significantly expanding its shareholder engagement and activism defence capabilities, with the firm adding two MDs to its global shareholder engagement and M&A capital markets group, according to a report by Reuters.

Hedge Fund bonuses grew by 48% YoY, the financial services industry’s highest increase, with senior positions averaging $1.8m in payouts, defying the growing economic uncertainty over the last financial year, according to new research by eFinancial Careers.

Ninepoint Partners LP one of Canada’s leading hedge fund firms with over CAD7bn in AUM, has added Samarjit (Sam) Mitter to its investment team as Senior Portfolio Manager, beginning May 2025.