Citadel Credit Co-Head Thompson Out

Apr 11 2013 | 11:08am ET

One of Citadel Investment Group's top fixed-income executives will leave the hedge fund giant this week.

Jamey Thompson has resigned as co-head of Citadel's global credit group, Bloomberg News reports. Thompson is moving from Citadel's Chicago base to Virginia, to be with his family, the hedge fund said.

Thompson has been at Citadel for five years, but was named credit co-head just eight months ago, when the firm merged its quantitative credit and convertible bond groups. Previously, he had been a credit portfolio manager. The credit unit will remain in the hands of his two co-heads, Ryan Garino and David Grossman.

Citadel informed clients of Thompson's impending departure last week.

Prior to joining Citadel in 2008, Thompson worked at King Street Capital Management.

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