Ex-Citadel Distribution Chief To Cliffwater

Jul 20 2011 | 10:05am ET

Jake Walthour is back in the consulting business.

The former Aksia employee, who left his most recent gig at Citadel Investment Group in March, has joined Cliffwater. Walthour is charged with heading business development and client service from New York, starting at the beginning of next month. The post is a new one for Cliffwater, Pensions & Investments reports.

Walthour spent just over a year as head of U.S. distribution at Citadel. He left after reportedly failing to notify a key institutional investor about the departure of mortgage hedge fund manager Bill King, which resulted in the closing of his $200 million fund.

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