Westport, Conn.-based hedge fund Pequot Capital Management has hired three former Citadel Investment Group portfolio managers to join the firm's California office.
Peter Labon, Carson Levit and Steve Pigott will serve as managing directors. The three are experiences in technology, media and telecom, growth equity long/short and event-driven areas, respectively. A spokeswoman for Pequot said "the three will work to further broaden Pequot's investment platform." According to a release, the trio is being tasked with developing a new multi-strategy offering.