People
Hedge funds, including Millennium Management, Citadel, Balyasny Asset Management, and Squarepoint Capital, are increasingly recruiting meteorologists and climate data scientists as extreme weather events drive volatility in commodities markets, according to a report by Bloomberg.
Veteran quant trader Jeff Berton has made the leap from investment banking to hedge funds, joining multi-strategy major Millennium as Global Head of Equity Volatility Risk in New York, according to a report by eFinancialCareers.
Hedge fund Point72 has hired Kendall Jager, a former Millennium data scientist and one of Forbes’ “30 Under 30” alumni, as Head of AI for Investment Services, according to a report by eFinancial Careers citing a social media post by Jager.
Jain Global, the hedge fund founded by ex-Credit Suisse trader Bobby Jain, has added Anthony Davis, a former Citadel Portfolio Manager specialising in convertible bond trading, to its team, according to a report by eFinancial Careers.
Cyril Brudy, a Partner and Senior Portfolio Manager at hedge fund Dymon Asia, is moving to the firm’s Dubai office from Singapore, as the firm looks to bolster its operation in the emirate, according to a report by Financial News.
Malcolm Pratt, Head of Hedge Fund sales Trading in Europe at Bank of America has resigned to take up a new role at Clear Street, a fast-growing independent prime broker which launched operations in the UK in December, according to a report by eFinancial Careers.
The talent flow between private equity and hedge funds continues, with Apollo’s Asia-Pacific Chief Operating Officer, Mark Berg, making the switch to Millennium Management as its new Asia-Pacific Chief Financial Officer in Singapore, according to a report by eFinancial Careers.
Verition Fund Management, a global multi-strategy hedge fund firm with $12bn in assets under management, has launched its inaugural internship programme in collaboration with the Dubai International Financial Centre.
Hedge fund giant Citadel has appointed John Fawcett as its new Head of Equities Engineering, marking another senior hire as the firm continues to expand its equities technology capabilities, according to a report by eFinancial Careers.
Alex Abagian, former co-head of Asia Pacific equity capital markets at Morgan Stanley, is set to join hedge fund Ghisallo Capital Management taking on a senior role in the firm’s APAC team, according to a report by Bloomberg.
