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The best private banks in 2008

The best private banks in 2008

An informative guide for high net-worth individuals on the range of service providers that are available

FX poll 2008:

FX poll 2008:

FX moves to centre stage

Tuesday, April 1, 2008

Citadel Lures Moore Macro Team

Kaveh Alamouti will take a clutch of his Moore Capital Management colleagues with him when he joins the London office of Citadel Investment Group in June.




Kaveh Alamouti will take a clutch of his Moore Capital Management colleagues with him when he joins the London office of Citadel Investment Group in June. They worked in Alamouti’s global macro and multi-strategy team at Moore, according to an industry observer familiar with the situation.

The group worked with Alamouti before he joined Moore, said the observer, who was unable to name the individuals. Likely candidates are Shahriar Alamouti, Amir Reza Kassraei and Prashun Popat, who all worked with Alamouti at his firm Optimum Asset Management, and moved with him to Louis Bacon’s shop in July 2002. Popat left Moore in August 2003 but Shahriar Alamouti and Kassraei both remained at the firm until Kaveh Alamouti’s departure last month, according to the Financial Services Authority register.

Alamouti will join Ken Griffin’s $20 billion Citadel as a senior managing director and will manage a global macro strategy, to be run as a new addition to the firm’s flagship Kensington Global Strategies Fund and its offshore counterpart, Wellington Fund. Alamouti was attracted to Citadel because the firm will give him more room to develop the strategy and allow him to be more creative with running it, said the observer. Katie Spring, a spokeswoman for Citadel, declined to comment. Officials at Moore did not return calls by press time and Alamouti could not be reached.







[Silence]

Citi and Bank of America had a common response to Euromoney’s repeated enquiries into what progress they had made towards their headline-grabbing announcements last year to invest $50 billion and $20 billion respectively in green projects. It would seem the credit crisis has forced grandstanding on the environment down the agenda

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