Monday, 31 August 2015
Last updated 2 days ago
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.
May 27 2015 | 2:15pm ET
Support Hedge Funds Care, also known as Help For Children (HFC), by participating in this year's raffle. All proceeds go to support HFC's mission of preventing and treating child abuse. Read more…