One year ago
»» Taconic Capital Advisors was looking for a senior marketer to help with
fundraising. The firm's flagship event-driven strategy was up
6.91% for the year through July, beating most of its peers and
wiping out its 2011 loss of 5.45%. The firm managed $6.85
billion as of July 1, 2012.
On April 1 this year, the firm hired David Mullane
as head of global client strategy, according to an internal
memorandum. He had previously held senior leadership positions
in BlackRock's Institutional Client Group and Alternative
Investments Strategies Group, the memo said, and before that
held senior positions in the alternative investment divisions
of JP Morgan and Merrill Lynch.
So far, so good. Taconic managed $7.63 billion as
of July 1. The flagship Taconic Opportunity Fund was up 10.6%
(offshore) through the end of July.
Five years ago
Citadel was gearing up to launch a global macro fund that
would be run by renowned London-based trader Kaveh Alamouti.
The move came a few months after Citadel had lured Alamouti
away from Moore Capital.
Alamouti's Citadel Global Macro Fund, has produced
a net annualized return since inception of 3.16% in its
offshore vehicle (launched in 2009) and 5.48% in its onshore
vehicle (launched in 2010). The fund is roughly flat for the
year, according to an investor. Alamouti's strategy is also
part of the larger flagship multistrategy Kensington/Wellington
funds. Those funds are up 9.5% for the year through the middle
of August. Citadel manages $17 billion firmwide.