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Hedge fund Walleye Capital has dismissed five portfolio managers, including Global Macro Head Anuraj Dua, as part of a new wave of job cuts, according to a report by Bloomberg citing unnamed sources familiar with the matter.
Jain Global, the multi-strategy hedge fund firm launched earlier this year by former Millennium Management Co-Chief Investment Officer Bobby Jain, has hired Vik Shah, a bank-credit trader from JPMorgan Chase, as a portfolio manager, according to a report by Bloomberg.
Terrence Matthews, previously the head of European credit at hedge fund Centiva Capital, is setting up his own venture, Athlone Investment Management, in the latest in a series of spin-offs from a multi-strategy “pod shops” that operate with teams of individual traders, according to a report by Bloomberg.
Polen Capital has recruited four high-yield specialists from Abrdn for its London office, marking a key expansion in its European operations, according to a report by Bloomberg citing unnamed sources familiar with the matter.
RBC BlueBay Asset Management (RBC BlueBay) has appointed Fleur Dilton-Hill as Director of Business Development for the Middle East. Dilton-Hill will be based in London and report to Abhi Jain, Managing Director, Head of UK, Ireland, and the Middle East.
Mark Levine, a seasoned hedge fund manager with over two decades at activist investor Elliott Management, is stepping out on his own and will manage personal wealth through his newly established venture Sargasso Partners, according to a report by The Times.
Sanlam Investments Multi-Manager has named Lethu Zulu as its new Head of Hedge Funds, effective 1 October, 2024, with responsibility for overseeing the management of both local and global hedge fund portfolios, according to a report by FA News.
Liquidnet, a technology-driven agency execution specialist, has appointed Eric Blake as Head of Latin America with responsibility for expanding the business in the region by identifying new sources of actionable liquidity for both local and international asset managers.
Balyasny Asset Management, the $20bn-plus multi-strategy hedge fund firm founded by Dimitry Balayasny, has strengthened its natural gas and power trading business in Denmark with the appointment of Federico Censi as a Gas Trader, according to a report by Financial News London.
Sixteen months after being ousted over allegations of sexual misconduct, Crispin Odey has quietly rejoined what remains of the eponymous hedge fund firm he founded back in 1991, with nine other partners formally departing the business at the same time, according to a report by The Times.