Saturday, 25 October 2014
Last updated 11 hours ago
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.
Sep 22 2014 | 4:15pm ET
"I tell people that everybody likes good news and so if you have good performance that’s wonderful,” explains Mike McKitish of Peddie School's endowment, “but it’s the people that want to talk about the bad news or where they drifted and how they came back and how they stayed to their discipline…” that he wants to hear from. Read more…
David and James Hamman launched their fundamental Livestock and Grains Program in March of 2010 but it really was decades in the making.