Merry Christmas: Citadel Hires JPMorgan's Abreu To Trade Coal

Dec 10 2010 | 12:23am ET

Citadel Investment Group has added a former JPMorgan Chase coal trader to its energy trading team.

Miguel Abreu joined the Chicago-based hedge fund earlier this month, Bloomberg News reports. He was formerly head of coal trading at JPMorgan, and will continue to trade the commodity at Citadel. Abreu will be based in London.

Abreu's exit from JPMorgan follows the firm's acquisition of RBS Sempra Commodities' metals, oil and European power and gas businesses.

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    One of the most unique charity benefits in the hedge fund industry, A Leg To Stand On's (ALTSO's) Hedge Fund Rocktoberfest - NYC, raised nearly $500,000 last Thursday thanks to the generous support of major sponsors and nearly 1,400 attendees from the Tri-State finance, business and hedge fund communities. Read more…