Citadel Global Equities Co-Chief Out, Haley Now Sole Head

Feb 12 2013 | 1:23pm ET

Citadel Investment Group has parted ways with one of the co-heads of its global equities group.

Steve Weller left the hedge fund giant last week, Bloomberg News reports. Citadel had decided to have a single leader of the business and gave the job to Brandon Haley, who along with Weller and Jeff Runnfeldt was part of the triumvirate put in charge of the group in 2009.

Runnfeldt left Citadel last year.

Global equities manages Citadel's $3 billion stock fund.

Weller's exit ends a dozen-year run at Citadel. He oversaw communications, media, entertainment and technology stocks at the hedge fund, which he joined from Alliance Capital Management. Weller's résumé also boasts stints at Deutsche Morgan Grenfell and Lehman Brothers.


In Depth

Fundraising for Mid-Sized PE Funds: Should You Use a Registered B/D?

Dec 6 2016 | 7:18pm ET

When does a fund sponsor need to use a registered broker/dealer when raising capital...

Lifestyle

Trump Attends 'Villains and Heroes' Costume Party Dressed As...Himself

Dec 5 2016 | 11:16pm ET

U.S. President-elect Donald Trump attended a "Villains and Heroes" costume party...

Guest Contributor

Nowhere to Hide: Why the Future of Asset Management Depends on Innovation

Nov 15 2016 | 6:55pm ET

Information technology has reshaped the asset management industry’s periphery,...

 

From the current issue of

Since the inception of Modern Trader, a core editorial theme has centered on the wisdom and power of crowds. Editorial emphasis has focused on companies and projects engaged in the collection and analysis of information. 

AVAILABLE NOW at BARNES & NOBLE

NEWSTAND LOCATOR