Hedge Funds People moves

Eton Park partner Omar Saeed leaves for Hutchin Hill

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The derivatives expert will join Neil Chriss’ firm as a principal and portfolio manager.

  
  Neil Chriss (Photo: Bloomberg)
Neil Chriss’ $1.3 billion multistrategy firm Hutchin Hill Capital is set to hire derivatives trader Omar Saeed from $12 billion Eton Park Capital Management.

“I am very pleased to announce that Omar Saeed will join Hutchin Hill later this year as a Principal and Portfolio Manager,” Chriss wrote in a letter to clients yesterday about the hire. “At Hutchin Hill, Omar will focus on macro and derivatives strategies across asset classes and partner with me on the overlay book. This will enable me to focus more of my attention on the firm’s