Citadel European Chief To Retire

Feb 28 2014 | 10:11am ET

Citadel Investment Group’s European CEO will leave the hedge fund at the end of next month.

Kaveh Alamouti joined Citadel in 2008 from Moore Capital Management. But his global macro fund, which Citadel hoped to raise $5 billion for, was liquidated last year; it had only $250 million in assets at the time. All of that money belonged to Citadel and its employees.

Alamouti’s position—he was head of global macro trading as well as European CEO—will not be filled. Alamouti himself plans to manage his own money, with some of his 10-member team expected to join him.


In Depth

Humble in Hofstra...One Debate an Election Can Make

Sep 26 2016 | 10:20am ET

Tonight's U.S. Presidential debate, infamously coined the “Humbling in Hofstra...

Lifestyle

Vortic: Reimagining the Custom Wristwatch

Sep 27 2016 | 7:24pm ET

American watch manufacturer Vortic, which started out restoring antique pocket watch...

Guest Contributor

Hedge Fund Marketing – Tips for Your Initial Sales Meeting

Sep 29 2016 | 5:46pm ET

There are two main goals a hedge fund should have for an initial in-person sales...