Citadel To Start Quant Group, Hires Knight Capital Duo

Apr 28 2011 | 12:29pm ET

Citadel Investment Group has hired a pair of former Knight Capital Group executives to launch its new quantitative-trading group.

Jamil Nazarali and Matt Cushman will report directly to Citadel founder Kenneth Griffin. The two are charged with working with Citadel's existing equities, currency and high-frequency trading teams, among others, Bloomberg News reports.

Nazarali was senior managing director in charge of electronic trading at Jersey City, N.J.-based Knight, while Cushman was a managing director in that group. Both resigned in February and will join Citadel in September.

Nazarali formerly worked at Bain & Co. and Ernst & Young. Cushman, a math Ph.D., was at a technology start-up before joining Knight.


In Depth

Debunking Conventional Investment Wisdom

Feb 8 2017 | 3:22pm ET

Due diligence in the hedge fund world has long involved some combination of the...

Lifestyle

'Tis the Season: Wall Street Holiday Parties Back In Fashion

Dec 22 2016 | 9:23pm ET

Spending on Wall Street holiday parties has largely returned to pre-2008 levels...

Guest Contributor

iCapital Network: The Trump Effect On Direct Lending

Feb 23 2017 | 4:21pm ET

The arrival of the Trump Administration has raised questions among private debt...

 

From the current issue of