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Citadel Increases Non-Compete Duration to 21 Months to Secure Key Talent

share-iconTuesday, January 07 comment-icon2 weeks ago 5 views
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bloombergBLOOMBERG
Citadel Increases Non-Compete Duration to 21 Months to Secure Key Talent

Credited from: BLOOMBERG

  • Citadel, led by Ken Griffin, has extended its non-compete agreements to 21 months for certain portfolio managers.
  • This decision highlights the ongoing competition among multistrategy hedge funds for attracting and retaining top talent.
  • The move reflects Citadel's strategy to maintain its competitive edge in the industry.
  • By lengthening the non-compete period, the firm aims to deter talent from joining rival firms.
  • Learn more about this hiring strategy in the original article.

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