Launches & Closures

Citadel primes $1bn Alamouti macro launch


Citadel, the Chicago-based hedge fund group led by Ken Griffin, is gearing up to raise $1 billion for a big new global macro fund that will be run by renowned London-based trader Kaveh Alamouti.

The move comes just a few months after Citadel announced the hiring of Alamouti away from Moore Capital, in a move that heralded a major push by the firm into macro and multistrategy investing.

Based in London, Alamouti has been a senior managing director at Citadel since joining the firm in June and has been responsible for the firm’s new multistrategy macro investment business