Raft Of Top-Level Departures At Tudor

Feb 8 2013 | 4:09am ET

The number of senior exits from Tudor Investment Corp. in the last few months is nearing double digits.

Allen Chu and Ashwin Ranganathan, two Singapore-based partners focused on Asian equities, left the $11.6 billion hedge fund last month. Their departures bring to at least nine the number of top people leaving Tudor since December, an unusual level of turnover for the firm as it refocuses on its flagship macro strategies, Bloomberg News reports.

Preceding Chu and Ranganathan out the door were Susan Arnott, Mary Davis, Michael Georgiou, Andrew McMillan, Larry Petrella, Christiana Toutet and Angel Ubide. All except for Ubide, who left in December to join D.E. Shaw Group after more than 11 years at Tudor, departed in January.

Most of the exiting employees were of long tenure at Tudor. Chu and Raganathan worked at the firm for seven years and Davis an Toutet, macro traders based in London, worked there for four years.

Arnott was an equities trader at Tudor for the past two years and Georgiou a member of its Discretionary Macro Portfolios. Petrella was a director of U.S. equities and McMillan led a Singapore-based commodities team; the latter is set to found his own hedge fund with Tudor's backing.


In Depth

Q&A: Neil Azous Talks Global Macro Investing

Nov 24 2014 | 12:41pm ET

Neil Azous is the founder and managing member of Rareview Macro, an advisory firm...

Lifestyle

Scene Last Night: Clinton, Schwarzman, Corzine, Neidich, Diamond

Nov 25 2014 | 5:52pm ET

Steve Schwarzman had a granddaughter yesterday morning. Last night he sat one table...

Guest Contributor

Why The Big Money Is Going To Europe

Nov 14 2014 | 6:03am ET

Peer-to-peer lending was invented with the individual investor in mind. But despite...

 

Sponsored Content

    For Hedge Funds, Mastering Data Is Key To Success

    Nov 4 2014 | 9:45am ET

    Data management is important to every business, but for hedge funds, it is critical. FINalternatives recently asked Peter Sanchez, CEO of Northern Trust Hedge Fund Services, how fund managers can deal with the demands of managing data while at the same time remain transparent and abide by operational best practices. Read more…

Editor's Note

    Guidelines for Guest Articles

    Oct 22 2014 | 9:46am ET

    We are always looking for guest articles from hedge fund managers and buy-side firms.

    If you are interested in submitting a contributed piece for possible publication on FINalternatives, please take a look at the specs. Read more…

 

Futures Magazine

November 2014 Cover

Building a better market

Reg NMS created a huge bifurcation in equity markets and while much of what has followed has been positive, in terms of lower fees and greater liquidity, many traders would like to see the market come...

The Alpha Pages

TAP July/August 2014 Cover

The Alpha Pages Interview: Senator Rand Paul

Senator Paul sat down in the debut series of the Alpha Pages Interview to discuss the broken tax code, regulation surrounding Bitcoin, and his plans for the 2016 Presidential election.