Friday, 19 December 2014
Last updated 12 hours ago
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.
Dec 1 2014 | 10:21am ET
As 2014 winds down, Northern Trust Hedge Fund Services executives took some time to share their outlook on trends facing the industry in 2015. Read more…
Jeff Sprecher was simply looking for a platform to trade energies when launching ICE 14 years ago but it has grown to reach the pinnacle of both the listed futures and equities world.