Sunday, 19 April 2015
Last updated 9 hours ago
Feb 22 2013 | 1:04pm ET
The former head of Citigroup's quantitative equity hedge fund strategies is leaving the bank to start a hedge fund of his own.
Shakil Ahmed and his dozen-strong team will depart at the end of the month to "pursue fund management opportunities," Citi said in an internal memo announcing a reshuffle of its stock-trading businesses. Ahmed has served as head of electronic market-making for the past two years, moving into the post when Citi shuttered his Quantitative Strategies fund.
Ahmed's new hedge fund will be a quantitative venture, Financial News reports.
Mar 20 2015 | 12:45pm ET
StreetWise Partners, a non-profit organization that works with low-income individuals to help them overcome employment barriers, raised over $275,000 at the 2015 Raising the Ante Charity Poker Tournament and Casino Event last Wednesday evening at Capitale. Here are some photos from the event. Read more…