Yulia Slavina

Former Citadel manager starts hedge fund with Squarepoint and Lighthouse backing, Nishant Kumar says

Former Citadel manager starts hedge fund with Squarepoint and Lighthouse backing, Nishant Kumar says
Citadel manager launches hedge fund

Nico Dil, previously a money manager at Citadel, has begun trading for his own hedge fund, according to Nishant Kumar.

Investors backing the new fund include Squarepoint Capital and Lighthouse Investment Partners.

Dil's move follows a broader trend of prominent traders making strategic transitions within the hedge fund industry, as highlighted by Taula’s recent acquisition of a seven-person trading team from a major Millennium backer. The sector has also seen high-profile hires, such as Greg Knight—recognized for driving an $800 million profit at Millennium—joining Taula, underscoring the ongoing competition for top talent among leading funds.

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