Hedge fund Citadel's treasury has a thing for Goldman Sachs strats
Goldman's army of quantitative strategists are well-loved on the buy side. Hedge fund Citadel previously hired one of them to lead its US treasury quants last year and has just hired another strat to lead its treasury quants in London.
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Tushar Singla has joined Citadel as its head of international treasury quants, based in the fund's London office. He spent the last nine years at Goldman, latterly serving as its EMEA head of equities funding strategists.
Singla joined Goldman's Bengaluru office as a graduate in 2016. He moved over to London as an associate in 2020, then was promoted to his most recent role just nine months later.
Singla's US counterpart is Mukunth Raghavan, who joined Citadel as Americas head of treasury quants last September. Raghavan and Singla both worked together in the equities and prime services team.
Some teams at Citadel, like its operations team, also work on behalf of the firm's sister company, Citadel Securities. It appears that this might be the case with the treasury quant team; according to FINRA's BrokerCheck tool, Raghavan is a registered broker for Citadel Securities, rather than the hedge fund.
Strats are loved by hedge funds for their communication, as well as their quantitative skills. Citadel CEO Ken Griffin previously said that he modelled the fund's emphasis on communication on Goldman Sachs.
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