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Scott Shleifer, the head of the $30bn-plus private equity business at Chase Coleman’s $58bn hedge fund firm Tiger Global, is to step down from his role at the end of this year, according to a report by The Financial Times.
Jain Global, which is due to launch in July 2024 with an expected $8bn to $10bn in AUM, is continuing to build-out its team with Senior Investment Officer Robert Zellner, who joins from Corbin Capital Partners in New York, the latest recruit, according to a report by eFinancial Careers.
BlueFlame AI, a generative AI platform for hedge funds, private equity firms, and other alternative investment managers, has hired four industry veterans to bolster its business strategy and operations groups.
A global macro trading team lead by Adrian Owens is joining global alternative investment manager Investcorp-Tages from GAM, with the team continuing to manage its existing GAM Star Global Rates UCITS fund, which will remain on the GAM UCITS platform .
Bruno Magalhaes, a former portfolio manager at Autonomy Capital Research, is to join Brazilian hedge-fund major SPX Capital, after shutting down the hedge fund he helped launch in Brazil just two years ago, according to a report by Bloomberg.
RQD* Clearing, a correspondent clearing services provider, has added Tom Miglis, former Chief Information Officer of Citadel and current Investment Partner at Nyca Partners, to its Board of Directors.
US hedge fund Schonfeld Strategic Advisors has told 150 of its 1,000 employees that they are losing their jobs as the firm looks to cut costs in the wake of its failed tie-up talks with Millennium Management, according to a report by the Financial Times.
James Bayliss, the head trader at Elliott Management’s London operation, has become the latest veteran to quit the the $59bn US hedge fund’s main European office, according to a report by the Financial Times.
Robert Luciano has resigned from VGI Partners, the hedge fund he founded over 15 years ago, which went on to become one of Australia’s best know alternative investment management firms, according to a report by The Australian Financial Review.
Northern Trust Asset Management, a global investment management firm with $1.09tn in assets under management as of 30 September, 2023, has appointed Guido Baltussen, PhD as the firm’s new Head of Quantitative Strategies, International.
