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.


In Depth

GSAM's Papagiannis: Liquid Alternatives For The Long Run

Apr 21 2017 | 8:44pm ET

Interest in liquid alternatives cooled a bit last year amid a broad shift in investor...

Lifestyle

Aston Martin Returns To Debt Market As DB11 Drives Turnaround

Mar 31 2017 | 5:21pm ET

James Bond’s preferred carmaker is returning to the public debt markets for the...

Guest Contributor

Debunking Conventional Investment Wisdom (Part II)

Apr 17 2017 | 5:56pm ET

The alternative investment industry is currently replete with buzzwords around data...

 

From the current issue of