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.

Anders Holst, a seasoned quantitative specialist and former partner at Lynx Asset Management with over two decades of quant investment strategy experience, has been appointed as a Senior Portfolio Manager at Swedish boutique hedge fund firm Tidan Capital.

Lade King, a seasoned technology leader with experience at Goldman Sachs, JPMorgan, and most recently at quant hedge fund Two Sigma, has made a move to private equity, joining TPG as Engineering Chief Operating Officer, according to a report by eFinancial Careers.

Millennium has added Justin Lo Iacono as a Portfolio Manager for its Andora Partners brand. This move follows the firm’s decision at the end of 2024 to bring on Daniel Engel-Hall, formerly of Marshall Wace, to lead the establishment of an equity long-short team, according to report by eFinancial Careers.

The wave of departures from Morgan Stanley’s credit trading team has now extended from London to New York, with Jeff Qiu, the bank’s head of US macro credit trading, resigning to join hedge fund Garda Capital Partners, according to a report by eFinancial Careers.

BNP Paribas has announced the appointment of Emmanuel Dray as EMEA Head of Investor Coverage, which sits within Financial Institutions Coverage (FIC), and focuses its efforts on a select client base of rapidly growing asset managers and hedge funds.

After a career navigating the fast-paced world of macro portfolio management at some of the biggest hedge funds, Igor Ninkovic who previously served as a Macro Portfolio Manager at Schonfeld in Dubai, is currently embracing a much sweeter path — baking cakes, according to a report by eFinancial Careers.

Clear Street a cloud-native financial technology firm focused on the brokerage ecosystem, has made five key leadership hires – including Tarquin Orchard as Global Head of Event-Driven Strategies – as part of its continued expansion in the UK.