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Nishant Kumar reports that Schonfeld is expanding its credit business by introducing convertible arbitrage and structured credit strategies to its credit division. The firm is also making a series of new hires from Aristeia Capital, Hudson Bay, and King Street.
Kumar has previously covered hedge fund developments, including Jain Global's move to take over exclusive management of Millennium funds. He has also reported on the growing use of the term 'gazump' among hedge fund professionals. These topics reflect his focus on notable shifts within alternative asset managers.