Friday, 27 February 2015
Last updated 9 hours 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.
Jan 23 2015 | 1:00pm ET
In our new section, FINtech Focus, we will profile one of these firms each week. While fintech is a broad category, we will be focusing on firms that specifically cater to the alternative investment industry. Read more…