While much of the market was on holiday last month, it seems that Citadel, the U.S. hedge fund, was busy hiring. The UK's Financial Conduct Authority (FCA) register reveals that Citadel added six senior people in August from both banks and rival hedge funds.
Citadel's roster of new hires includes: Matthias Traut, who joined from Tudor as head of European research for macro strategies; Filipe Sodagar, who was formerly a Macro portfolio manager for Fixed Income Global Alpha (FIGA) at Blackrock; Francesco Chincoli, who joined from Morgan Stanley, where he was a junior rates trader; Matteo Crimella, a former rates strategy associate from Goldman Sachs; and Nadia Bhamla from JPMorgan, who joined as a rates strategy desk assistant.
Citadel declined to respond to a request to comment on its new recruits. They follow this month's disappearance of Colin Lancaster, who ran its macro strategies unit after joining from Balyasny Europe Asset Management in 2017, plus two members of his team.
In the wake of Lancaster's departure, Citadel combined its macro strategies with its global fixed income business, led by Edwin Lin. The fund employs over 1,800 people globally and is number three in the LCH Investments all-time best performing hedge funds rankings, after Bridgewater and Soros which have been in existence for longer.
Have a confidential story, tip, or comment you’d like to share? Contact: email@example.com in the first instance. Whatsapp/Signal/Telegram also available. Bear with us if you leave a comment at the bottom of this article: all our comments are moderated by human beings. Sometimes these humans might be asleep, or away from their desks, so it may take a while for your comment to appear. Eventually it will – unless it’s offensive or libelous (in which case it won’t.)
Photo by Annie Spratt on Unsplash