Hedge fund giant Citadel is building out a new unit with big hires

pulse

September 15, 2017 9:26 PM

Hedge fund giant Citadel has hired three staffers in its build out a fresh New York-based investment unit, Fundamental Strategies.

Hedge fund giant Citadel has hired three staffers in its build out a fresh investment unit.

The groupEric Felder, who was hired from Magnetar earlier this year. The team, which invests across various asset classes, is set to grow to 20 to 25 investment professionals, and was called Fundamental Strategies when it was announced earlier this year.

Citadel has hired the following to the new team:

Jeff Psaki
Psaki most recently worked at Magnetar as a portfolio manager and head of credit, within the firm's fundamental strategies unit. He earlier worked at Goldman Sachs and Barclays.

Citadel earlier this year closed down one of its stock picking units, Ravelin Capital, which was based in San Francisco.

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