Income Partners Asset Management has hired Citadel Investment Group’s former Asia head to manage a new hedge fund.
Agus Tandiono joins the London-based fixed-income shop after three years at Citadel, HedgeFund.net reports. He will manage a long/short equity hedge fund at Income Partners, expected to launch in July with between US$25 million and US$50 million, according to Bloomberg News.
Tandiono left Citadel in September. Prior to joining the Chicago hedge fund giant, he worked as an analyst at Fidelity Investments.
Gabriel KurlandBy Gabriel Kurland: On November 12, 2009, the U.K.’s Serious Fraud Office (“SFO”), an independent government department that investigates and prosecutes fraud and corruption cases, announced that it is probing the London-based, Dynamic Decisions Capital Management Ltd., after the matter was referred to it by the Financial Services Authority. More...
Ireland has launched the EUR 26 million ($40 million) Bank of Ireland Seed and Early Stage Equity Fund to invest in startup and early stage companies. More...