Citadel has been shopping and Goldman Sachs appears to be its chosen aisle. The hedge fund has added numerous managing directors (MDs) from Goldman Sachs.
One of the most recent joiners is Sven Khatri, a former managing director in Goldman's strats and treasury quantitative research team. Khatri has joined Citadel as a treasury quantitative researcher according to his Linkedin profile.
He's not the only senior Goldmanite to join the house of Ken Griffin. In a by no means exhaustive list of recent GS arrivals, David Casner, a former Goldman Sachs partner managing director and ex-global co-head of flow equity derivative trading and head of US equity volatility trading joined in June as head of convertible bonds and equity volatility; Jared Miller, a former MD in Goldman's investor relations team joined in May as head of debt investor relations. Ken Gleason, a former senior risk manager at Goldman also joined in June as head of trading controls.
It's not just Goldman that's been mined for quantitative talent: Citadel also hired Roy Rofman, Barclays' former head of prime services strats back in April.
The new hires come after Citadel recruited Pablo Salame, the former co-head of securities at Goldman Sachs last October.
Goldman has also been losing trading talent to Point72, where former Millennium trader Mo Grimeh is building a team.
Photo by Markus Spiske on Unsplash
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