Citadel Bolsters Fixed-Income Fund With Goldman Traders

Feb 11 2014 | 11:36am ET

Two top Goldman Sachs traders have left the bank for Citadel Investment Group.

Uberto Palomba and Jonathan Tipermas have joined the hedge-fund giant. Both will work on Citadel's Global Fixed-Income Fund, Palomba from London and Tipermas from New York.

Palomba was co-head of emerging-markets trading for Europe, the Middle East and Africa, while Tipermas led Goldman's dollar swaps-trading desk. Both men were managing directors at the bank, Palomba since 2009 and Tipermas, who has been with Goldman for a decade, since 2012.

Citadel's fixed-income fund has $2.2 billion in assets under management. It returned 5% last year.

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