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Citadel has parted ways with credit portfolio manager Zachariah Barratt following a series of losses, including a high-profile position linked to the bankruptcy of Spirit Aviation Holdings, according to a report by Bloomberg.
Global corporate credit trading specialist Muzinich & Co has made a series of senior appointments aimed at reinforcing its global investment platform and supporting continued growth across public and private credit markets.
Millennium Management has hired Gianfranco Canepa, the former Head of High Yield for EMEA at JPMorgan, as it continues to build out its credit platform in London, according to a report by eFinancial Careers.
Jasjeet Sekhon, a senior figure at Bridgewater Associates, is set to join Google DeepMind as chief strategy officer, marking a high-profile move from the hedge fund industry into artificial intelligence, according to a report by Reuters.
A senior executive at Cubist Systematic Strategies – the quant division of $46bn hedge fund Point72 Asset Management – is leaving the business after a challenging run of performance, according to a report by Business Insider.
Balyasny Asset Management has appointed its first employee for its newly established Abu Dhabi office, marking the firm’s expansion in the United Arab Emirates alongside its existing Dubai location, according to a report by eFinancial Careers.
Rupen Nagda, the former chief risk officer at BlueCrest Capital Management, has joined London-based macro hedge fund Symmetry Investments, according to a report by eFinancial Careers citing a recent regulatory filing.
Quant hedge fund Voloridge Investment Management is planning a major headcount boost after agreeing a deal to expand its HQ through the $57.6m acquisition of several properties at the Harbourside Place waterfront development in Jupiter, Florida, according to a report by the Business Journal.
Qube Research and Technologies has bolstered its options business with the hire of Beat Ammon, formerly head of options market making at Hudson River Trading amid interest in his services from rival top-tier firms, according to a report by eFinancial Careers.
New York-based hedge fund Alphadyne Asset Management has hired former Nomura rates trader William Johnson, who left the Japanese bank last year after a 16-year tenure, to its team in London, according to a report by eFinancial careers.