Citadel alum joins UBS hedge fund group

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Dillon Read Capital Management, UBS's new hedge fund platform, has added a veteran of Citadel Investment Group and Sagamore Hill to its financing team.

James Keane was most recently with Steve Bloom's Sagamore, which is in the midst of a major restructuring. Keane worked at Citadel prior to Sagamore.

The new UBS venture is staffing up aggressively in preparation for its launch

The new UBS venture, based in New York, is staffing up aggressively in preparation for its launch, possibly later this quarter. In early March, JPMorgan's Aziz Nahas is said to have joined Dillon Read as global head