Citadel

How Hedge Funds Like Citadel, Balyasny, Point72 Use and Invest in AI

Artificial intelligence has already changed the way many industries operate, and hedge funds are no exception.The $5 trillion field is diverse in the type of strategies different firms employ and the type of securities they invest in. But everyone wants to be the smartest manager in the world — or…

A String of Business Development Execs Left Citadel in the Past Year

In the unrelenting talent war of the $5 trillion hedge fund industry, top recruiters have become coveted assets, commanding multimillion-dollar compensation packages at the sprawling multistrategy giants that have come to dominate the space.The thirst for business development executives who can move the needle in vetting and recruiting top portfolio…