Millennium is using AWS to attract top portfolio managers. Here’s how the $52 billion hedge fund is leveraging cloud tech.

As the war for talent rages among hedge funds, one firm is using technology as a key value prop for recruitment and retention. Millennium...

Segantii recruits Credit Suisse cap intro pro in UK expansion drive​​​​​​

Hong Kong-headquartered hedge fund Segantii Capital Management has hired a capital introduction director from Credit Suisse as it gears up to expand its London presence...

Point72 poaches top tech talent from Millennium, BNY​​​​​​

Steve Cohen’s Point72 Asset Management has hired two senior technologists to work in its New York and Greenwich, CT offices...

Ex-ExodusPoint hedge fund accumulating staff, assets

It's been a year since we reported that Alessandro Cipollini, a former macro trader at ExodusPoint Capital Management, was launching his own macro fund, Ermitage Capital Management LLP. Twelve months on, sources say he's been busy hiring.

Cipollini declined to comment for this article, but he's understood to have recruited a handful of senior infrastructure and risk professionals to the new fund, which already has a commitment of $1bn in assets under management and is expected to add a further $400m early next year.

 

Hedge Funds Enter Private Equity Turf With Deals for Unlisted Companies

Hedge funds are looking to buy into unlisted companies, betting that an area of the markets that has wrongfooted the industry in the past can now provide them with the kind of lucrative gains enjoyed by private equity rivals.

High-profile executives such as Third Point’s Daniel Loeb, Marshall Wace’s Paul Marshall and BlueCrest Capital’s Mike Platt are among those who have spotted the opportunity. They are now seeking to invest directly in fast-growing companies, particularly in the technology sector, that are staying private for longer and can already be richly valued before they float...

MSD co-founder, Coatue vet, Rothschild heir prep tech fund

MSD Capital co-founder Glenn Fuhrman has partnered up with former Coatue Management managing director Adam Silverschotz and James Rothschild to launch a technology-focused fund...

Verition expands NY investment team as hiring spree continues

Verition Fund Management has hired five New York-based portfolio managers as the multi-strategy hedge fund’s rapid expansion continues...