Hedge Funds and CTAs

Bandon Capital Management has launched a new fixed-income hedge fund designed to cut down on risk.

Hedge fund seeder Larch Lane Advisors has poached an executive from its own parent to help lead its sales and marketing effort.

Russell Investments has hired two to boost its alternative investments business.

Hedge funds went out like a lamb in March, the average fund suffering a small loss, according to the Lyxor Global Hedge Fund Index.

Gibraltar-based HFT Capital Management's Evolution Growth Fund will do exactly what is general partners' name promises, making thousands of trades every day in the foreign exchange and futures markets.

Citadel Investment Group has added a pair of investment-banking veterans to its ranks of hedge fund managers.

Reto Feller is considering joining a private bank in a management role.

ReachCapital Management has liquidated at least three hedge funds.

Noted New York Mets fan Steven Cohen has apparently had a change of heart about buying a piece of the last-place club.

Brad Kurtzman, one of the veritable army of top executives to have left Citadel Investment Group over the past year-and-a-half, has landed at Citigroup.