Ex-Citadel Portfolio Manager Joins Rare $1 Billion Launch Club

Ex-Citadel Portfolio Manager Joins Rare $1 Billion Launch Club

A portfolio manager who used to run money at Ken Griffin’s hedge fund behemoth Citadel is preparing to launch a new macro fund, joining a rare breed of independent managers starting out with $1 billion or more.

Ex-Citadel PM to launch $1bn macro fund Agave Capital

Former Citadel portfolio manager Gilberto Marcheggiano is preparing to launch Agave Capital Management Limited, a macro hedge fund set to debut with around $1bn in assets under management, according to a report by Bloomberg citing unnamed people familiar with the matter. The launch would place Agave among the three largest hedge fund debuts anticipated this year. The reports a presentation review by Bloomberg as highlighting that Agave Capital w…