Despite bonus season looming large, Goldman Sachs has seen several staff depart its London-based rates trading business to take up new positions at hedge fund firms in recent weeks, according to a report by eFinancial Careers.

Multi-strategy major Millennium Management has named seven new Partners, including 35-year-old former Goldman Sachs Managing Director Dan Avery, who joined the firm as an index trader in October 2020, according to a report by eFinancial Careers.

ExodusPoint, the hedge fund firm founded by Millennium Management alumni Michael Gelband and Hyung Lee, has added four Portfolio Managers to its team after raising additional investment funds, according to a report by eFinancial Careers.

Amicorp Fund Services Asia, a division of international specialist fund services group Amicorp FS, which listed on the London Stock Exchange in June 2023, has made two senior appointments to its team in Hong Kong.

Nick Rustad, the former Global Head of Futures and Derivatives Clearing at JPMorgan Chase has made a switch to the buyside after an 11 month break from the industry, joining London-based hedge fund start-up Taula Capital Management.

GoldenTree Asset Management, the US53bn credit-focused hedge fund firm founded by Steve Tananbaum, has appointed Markus Taubert as a Principal, in the firm’s new office in Munich, Germany.

Quant hedge fund Squarepoint Capital has added to its teams in both Singapore and London with the appointments of Roman Colas as a quant researcher and Nicolas Landon as a fixed income quant researcher, according to a report by eFinancial Careers.

Akin has appointed hedge fund lawyer James Munsell as a partner in its investment management practice in the New York office. Munsell joins from Sidley Austin, where he also held the position of partner.

CoinShares International Limited, one of Europe’s leading alternative asset manager specialising in digital assets, has added Lewis Fellas, the company’s Head of Hedge Fund Solutions, to its Executive Management Committee.