People
Chris LaSusa, who co-founded stock-focused hedge fund KCL Capital with Kevin Cottrell, has joined hedge fund Paloma Partners Management as Head of Long-Short Equity, according to a report by Pensions & Investments.
Jain Global, Millennium Management alumnus Bobby Jain’s much-anticipated, multi-strategy hedge fund firm which is gearing up for a $6bn summer launch, has filled another Portfolio Manager slot with the recruitment of Venor Capital Co-CIO Jeff Bersh, according to a report by Business Insider.
James Regan has left UBS in London, where he held the position of Co-Head: Global G11 & PM STIR Trading, to take up a Portfolio Manager position in New York at multi-strategy, multi-manager hedge fund firm Verition Fund Management.
The world’s nine biggest multi-strategy hedge fund firms – Citadel, Millennium, Balyasny, Point72, Verition, Schonfeld, Walleye, Eisler and ExodusPoint – now employ a combined 15,665 people, with almost half that total (7,103) being in investment roles, according to a report by eFinancial Careers.
Citadel has appointed Zheng Wang, a former Senior Software Engineer at San Francisco-based self-driving vehicle technology specialist Cruise, as a software Engineer based in the multi-strategy major’s New York headquarters.
Gregory Ciongoli, a partner in the public investment group at The Baupost Group, has left the $23bn value-oriented, multi-strategy hedge fund firm, which is headed by Chef Executive Officer and Portfolio Manager Seth Klarman, according to a report by Pensions & Investments Online.
Dr Clemens Völkert, Chief Risk Officer of European Commodity Clearing will leave the company at the end of March 2024. Völkert, who has held the position since July 2021, did not seek an extension of his contract for personal reasons.
Jaime Villa, Head of Macro Research at $13.8bn proprietary trading firm-turned hedge fund Schonfeld Strategic Advisors, has left the business after just 15 months in the role, according to a report by Business Insider.
Farallon Capital Management, the San Francisco-headquartered multi-strategy hedge fund firm founded by Tom Steyer, has appointed Katie Mathieson as the Chief Compliance Officer (CCO) for Farallon Capital Europe effective 25 March, according to a report by Pensions & Investments Online.
Linyun Fu, a software engineer at X who survived Elon Musk’s axing of 50% of jobs at the social media platform, has left the company after eight years to take up a new software engineering role at multi-strategy hedge fund major Citadel, according to a report by eFinancial Careers.
