People
Schonfeld Strategic Advisors has filed a lawsuit against portfolio manager Adam Grunfeld, accusing him of reneging on a pre-agreed move to join the firm and seeking damages of around $11m tied to the aborted hiring deal, according to a report by Bloomberg.
Market-maker Optiver is stepping up recruitment from investment banks and hedge funds as the electronic trading firm continues to scale rapidly and deepen its push into new markets, particularly the US, according to a report by eFinancial Careers.
Jain Global, the multi-strategy hedge fund founded by Bobby Jain, has stepped up hiring in its London office, adding several senior quantitative specialists in recent months as it develops its data-driven trading platform, according to a report by eFinancial Careers.
Balyasny Asset Management has hired Ross Hendey from Glencore as part of a continued push to scale its commodities capabilities, according to a report by Reuters citing unnamed sources familiar with the move.
London-based hedge fund Ilex Capital, founded by former Citadel traders, has continued its rapid expansion with the recruitment of a former Balyasny Asset Management quant researcher, underscoring its push into systematic and data-driven investing, according to a report by eFinancial Careers.
Balyasny Asset Management has hired Macquarie’s senior commodities technology executive Peter Mill as it continues to scale its global commodities platform, according to a report by eFinancial Careers citing Mill’s LinkedIn profile.
Jersey-headquartered hedge fund firm Brevan Howard Asset Management is preparing to open a Tokyo office this summer, as part of a broader push to tap trading opportunities in Japan’s resurgent markets, according to a report by Bloomberg.
Fulcrum Asset Management announces Richard Banh has joined the firm as General Counsel. He will report to Joe Davidson, Managing Partner. Banh joins from Fidante Partners Europe, part of the ASX-listed Challenger Limited group which formed a strategic partnership with Fulcrum in October 2025.
A student investment contest backed by Point72 Asset Management and BlackRock is gaining traction as a recruitment channel for identifying emerging finance talent in Japan, where firms face a tightening graduate labour market and shifting career preferences, according to a report by Bloomberg.
Competition for investment talent in the hedge fund industry has intensified further, with firms increasingly resorting to last-minute recruitment tactics and escalating compensation packages to secure and retain top traders, according to a report by Bloomberg.
