Eric Felder, who led Aptigon and the firm's global credit team, left the firm Thursday, sources tell Business Insider, while a majority of the teams in the stock-picking unit will be reassigned to one of Citadel's three remaining stock-picking teams.
Eric Felder, the head of Citadel's Aptigon and global credit units, left the Chicago-based hedge fund on Thursday, sources tell Business Insider
Stock-picking funds have started the year hot, but investors have still pulled billions as quants and passive products have given asset allocators a different way to be exposed to equities.
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