Thursday, 2 October 2014
Last updated 14 min ago
Apr 12 2010 | 7:58am ET
The head of convertible bonds at Citadel Investment Group is retiring from the hedge fund giant.
Brad Begle will leave the $12.5 billion firm at the end of the month. Citadel announced his retirement to investors last month, Bloomberg News reports.
Ryan Garino and David Grossman will succeed Begle. The duo currently head Citadel’s convertible strategy. Garino has been at Citadel since 2003, while Grossman joined a year later from Deutsche Bank.
The 38-year-old Begle did two stints with Citadel, heading its Japanese convertible bond business for three years before joining Toronto-Dominion Bank in 1997. His second go-around with Citadel began in 2001.
Sep 22 2014 | 4:15pm ET
"I tell people that everybody likes good news and so if you have good performance that’s wonderful,” explains Mike McKitish of Peddie School's endowment, “but it’s the people that want to talk about the bad news or where they drifted and how they came back and how they stayed to their discipline…” that he wants to hear from. Read more…
Sep 30 2014 | 9:29am ET
The crisp Autumnal days of October are upon us, and so are a few of the hedge fund industry’s favorite charitable events. If you have never been to Rocktoberfest, well, you are missing out. And for a quieter evening of sipping and socializing, stop by HFC’s Wine Soiree. Read more…
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