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☆ These are the top business-development execs competing to hire elite portfolio managers at hedge fund giants Citadel, Millennium, Point72, and more
▼ + stars: | 2024-05-08 | by ( Alex Morrell | ) www.businessinsider.com time to read: +34 min

Unlike business development in corporate America, which focuses on growing a company's prospects with partners and clients, hedge fund BD teams specialize in scouting, evaluating, and wooing investment talent. AdvertisementFew have been involved in hedge fund BD longer than Jennifer Blake, Balyasny's global head. The fund's BD department remains in close contact with PMs after they join as a resource and advisor. Vernon Yuen/Getty Images$61 billion AUM2,200+ employeesAdvertisementKen Griffin's Citadel has outperformed not just its immediate rivals but every other hedge fund. He runs a team of about 20 as head of business development in the Americas, the largest region of the largest player in this space.

Persons: —, Griffin's, Izzy Englander's, Goldman Sachs, Headcount, execs, Dmitry Balyasny, Brendan McDermid, Jennifer Blake, Balyasny's, Morgan Stanley, Dmitri Balyasny's, Blake, it's, Federico Chavarria, Balyasny, Dave Matz, Smith Hanley, Alistair Jacobs, Dave Black, Peter Appel, Federico Chavarria MD, Andrew McHugh, Jules Biolsi, Michael Platt, he's, BlueCrest, Michael Grad, Grad, Jake Lindsay, Mungo Strachan, BlueCrest's, Brevan Howard Brevan Howard, Alan Howard, Ringo Chiu, Brevan Howard, Alan Howard's, Aran Landy, Brevan, Abu, It's, Landy, Howard, Peter Hornick, David Abbou, Jonathan Candy, Gregoire Vidal, Vidal, Tim Williams, Andy Silver, Gautam, Ken Griffin, Vernon Yuen, Ken Griffin's, Griffin, Matt Giannini, Giannini, headhunter, Matt, I've, — Thomas DeAngelis, Lindsay Previdi, Rice, Dore, Eleanor Sharkey, Melinda Urban, Mark Hansen, Julian Ulmer, Mathur, Adam Sharkie, Michael Page, Eisler, Edward Eisler, Sam Wisnia, Chris Milner, Milner, Hilary Curran, Hilary Curran Global, Rebecca Zisser, Michael Gelband, Hornick, Jeff Gelband, Mike Tiano, Eric Han, Garrett Berg, Liu, APAC Blackstone, Euan Shand, Kevin Carroll, Emily, Needham, Ostendorf, Ben Levine, Stefan Renold, LMR, Marcus Fairhurst, He'd, LMR's, Izzy, Ronda, Singh, Mark Meskin, Justin Gmelich, Steve Keller, Benjamin Williams, Madhvani, Paritosh Singh, Ben Williams, Kristina Tully, Steven Cohen, Point72, Shayanne, Steve Cohen's, Harry Schwefel, Chandler, Steve Cohen, JT Shields, They're, Schwefel, Alyssa Friedman —, Chandler Bocklage, Reid Murphy, Jae Yang, Japan Goldman Sachs, Alyssa Friedman, Jackie Dai, Gabriel Sanders, Ajay, Steven Schonfeld, Michael Nagle, Steve Schonfeld's, Ryan Tolkin, Schonfeld, doesn't, Akshay Aggarwal, Alex Burns, Ryan McCort, Colin Lancaster, Mitesh, Sameer Buch, Brittany Lynch, DMFI, Goldman, Verition, Nicholas Maounis, Josh Goldstein, Brian Townes, Townes, Elizabeth Xiang MD, Vir, Steve Satenstein, Chris Svoboda, Will England, Thomas DeAngelis, DeAngelis, Jonathan Brenner, hasn't, Maureen Reed, John Sullivan, Brenner, Walleye's Organizations: Service, Management, Wall, Business, Balyasny, Balyasny Asset Management, Quadra Advisors, SAC, Macquarie, BD, UBS, Grad, Financial Times, Michael, Lascaux, Howard BD, Brevan, Argentum Advisors, BH Digital, McKinsey & Company, JPMorgan, Ken Griffin's Citadel, Citadel, Citadel's, decamping, Chicago, Citadel BD, Walleye Capital, of Surveyor, Millennium, Capital, Credit, Ashler, Rice, Deutsche Bank, LMR Partners, London, Dore Partnership, Soros, Soros Fund, Ronda Churchill, Bloomberg, Getty, Guggenheim, Industry, MLP, Americas Guggenheim, Americas Citadel, SAC Capital, SEC, Point72 Academy, Citigroup, BD Energi, Japan, EMEA, APAC BNP, Schonfeld, PAAMCO, KKR, DMC Partners, Topwater, LinkedIn, New, New Holland Capital, BD —, Walleye, Lehman Brothers, Hutchin, Putnam Investments, ~$ Locations: America, Asia, Balyasny, Blackstone, New Holland, Abu Dhabi, BlueCrest, Europe, Graticule, ExodusPoint, Hornick, Freestone, New York, Schonfeld, Brevan, he's, Aberdeen, Hong Kong, Zurich, Glasgow, Dubai, Americas, Point72, quant, Verition, London, Greenland, Minnesota, Citadel

HUA HIN, Thailand (AP) — Rising Russian star Diana Shnaider bounced back from a turbulent second set to upend defending champion Zhu Lin of China 6-3, 2-6, 6-1 for her maiden title at the WTA Thailand Open on Sunday. In the second, Zhu mounted a comeback, winning four consecutive games from 2-2, to force a decisive third set. Following a toilet break, Shnaider returned to the court with renewed intensity. As Zhu struggled to maintain focus, Shnaider seized the opportunity to break her opponent three times to clinch the decisive set and claim her first WTA title. Photos You Should See View All 45 ImagesIt was Shnaider’s second WTA final appearance, having previously lost to Ons Jabeur in Ningbo, China last September.

Persons: HUA, Diana Shnaider, Zhu Lin, Zhu, Shnaider, “, I’m, ” Shnaider, ”, Miyu Kato, Aldila, Guo, Xinyu Jiang, ___ Organizations: WTA Thailand, North Carolina State University, WTA Locations: HUA HIN, Thailand, China, Ningbo, Japan, Indonesia, Auckland, Cleveland

☆ Building Fire in China Kills at Least 39, With Others Trapped
▼ + stars: | 2024-01-24 | by ( Vivian Wang | More About Vivian Wang | ) www.nytimes.com time to read: 1 min

A fire in a commercial building in southeastern China killed at least 39 people on Wednesday, as emergency workers raced to rescue people still trapped inside. The fire broke out around 3:30 p.m. local time in Xinyu, a city in Jiangxi Province, in the basement of a building that housed an internet cafe on the ground floor and an educational center upstairs, according to Chinese state media and a local government announcement. A video posted on social media by the Communist Party-affiliated outlet Beijing News showed thick black smoke billowing out of windows. Other videos posted by social media users on Wednesday, of what appeared to be the same building, showed people jumping from upper floors to a mattress on the ground outside, and a boy climbing down a ladder, wearing a backpack.

Organizations: Communist Party -, Beijing Locations: China, Xinyu, Jiangxi Province

☆ Xi's economic policies are leaving many China watchers perplexed and confused
▼ + stars: | 2023-09-20 | by ( Michelle Caruso-Cabrera | ) www.cnbc.com time to read: +8 min

Why is a nation with ambitions to become the dominant economic power in the world doing so many things to blunt that potential? Xi vs. the CCPMost, though not all, China watchers point to Xi himself as the instigator of those recent changes. "China's private sector, previously the growth engine of the Chinese economy, is paying the consequences," he told CNBC. In addition, he said "in recent months, China's National Development and Reform Commission has set up a bureau especially for private sector development." They cite external factors for weakness in the Chinese economy, including U.S. tariffs, trade restrictions, sanctions, and the sluggish post-pandemic global economy.

Persons: Xi Jinping, Lintao Zhang, Orville Schell, Schell, Jinping, Yasheng Huang, Xi, Ryan Hass, Kevin Rudd, Rudd, Anne Stevenson, Yang, Stevenson, Jack Ma, Mikhail Gorbachev, Liu Pengu, Yang Fan, Zhang Xinyu, Liza Tobin, Eric Schmidt Organizations: Political, CPC Central Committee, of People, Getty, Center, U.S, China Relations, The Asia Society, CNBC, Chinese Communist Party, Communist, MIT Sloan School, CCP, China Center, Brookings, Foreign Policy, Oxford University, J Capital Research, Communist Party, Party, U.S ., Soviet Union, National, Reform, Marxist Locations: Beijing, China, New York, U.S, Australia, United States, U.S . Congress, USSR, Soviet Union

LGBTQ+ people from China, frequently scorned and ostracized at home, are coming to Thailand in droves, drawn by the freedom to be themselves. Thailand doesn't keep figures on LGBTQ+ tourists. But through mid-August, it has counted 2.2 million Chinese tourists out of an overall 16 million. But LGBTQ+ people in China face other pressures to conform that can make the free expression of their identities difficult. Another draw for tourists, inside and outside the LGBTQ+ community, is Thailand’s loose enforcement of prostitution laws and renowned nightclub shows.

Persons: Xinyu Wen, Wen, “, ”, ” “, hasn't, Apichai Chatchalermkit, Owen Zhu, Jade Yang, Yang, Adisak Wongwaikankha, Eros Li, Li Organizations: Thailand Tourism Authority, The Nation Locations: BANGKOK, Thailand, Bangkok's, Thai, China, Bangkok, “, Beijing, Malaysia, Asia, asia

☆ Cirstea beats Bencic to reach first Grand Slam quarters in 14 years
▼ + stars: | 2023-09-03 | by ( Steve Keating | ) www.reuters.com time to read: +2 min

[1/2] Sep 3, 2023; Flushing, NY, USA; Sorana Cirstea of Romania serves against Belinda Bencic of Switzerland (not pictured) on day seven of the 2023 U.S. Open tennis tournament at USTA Billie Jean King National Tennis Center. Now Cirstea becomes the oldest woman to reach the quarter-finals at Flushing Meadows for the first time. "Unfortunately in tennis, not all the work you've put in is always rewarded," said Cirstea. "So it's nice to work hard and also get the reward. "Sooner or later if you put in the hard work, it comes."

Persons: Sorana, Belinda Bencic, USTA Billie Jean King, Geoff Burke, Cirstea, you've, Elena Rybakina, Karolina Muchova, China's Wang Xinyu, We've, I'm, Steve Keating, Pritha Sarkar, Toby Davis Organizations: USTA Billie, USTA Billie Jean King National Tennis Center, USA, U.S ., Flushing, Wimbledon, Indian Wells, Miami, Muchova, Thomson Locations: Flushing , NY, USA, Romania, Switzerland, Flushing Meadows, Romanian, Czech, Dubai, Montreal, Miami, New York

☆ Resurgent Kenin proud to prove critics wrong with Wimbledon run
▼ + stars: | 2023-07-06 | by ( ) www.reuters.com time to read: +2 min

"Obviously I'm super excited, just trying to prove some people wrong. Just super proud of myself with the way I really fought through to get here and keeping the momentum going," she said after booking a third round match with Elina Svitolina. Kenin said the turning point was a close match with reigning Wimbledon champion Elena Rybakina at Indian Wells earlier this year, where the American narrowly defeated 7-6(6) 7-6(5). Grass is not her favourite surface but Kenin, 24, said the qualifiers helped her come to terms with it. Looks obviously easy but it was tough and I feel like those matches definitely gave me confidence."

Persons: Sofia Kenin, China's Xinyu Wang, Hannah Mckay LONDON, Kenin, Roland Garros, Alex, Coco Gauff, Wang Xinyu, Elina Svitolina, I've, Elena Rybakina, Rohith Nair, Ken Ferris Organizations: Lawn Tennis, Croquet Club, China's Xinyu Wang REUTERS, Wimbledon, Roland, All England Club, American, Thomson Locations: London, Britain, Sofia, Indian, qualies, Bengaluru

☆ Battling Svitolina knocks Mertens out of Wimbledon
▼ + stars: | 2023-07-06 | by ( ) www.reuters.com time to read: +2 min

[1/4] Tennis - Wimbledon - All England Lawn Tennis and Croquet Club, London, Britain - July 6, 2023 Ukraine's Elina Svitolina in action during her second round match against Belgium's Elise Mertens REUTERS/Toby MelvilleLONDON, July 6 (Reuters) - Former Wimbledon semi-finalist Elina Svitolina continued her excellent run in Grand Slams following her maternity break as the Ukrainian wildcard downed 28th seed Elise Mertens 6-1 1-6 6-1 on Thursday to move into the third round. "I enjoy so much being on the court, getting this chance to play in front of an amazing crowd in such an amazing event," Svitolina said. "On grass it (momentum shifts) can happen and you have to just accept it and move on," Svitolina said. "I was playing really good in the first set and Elise came back really strong, serving good. "I'm really thankful for this opportunity in the first place with the wildcard and now I'm in the third round," Svitolina added.

Persons: Ukraine's Elina Svitolina, Belgium's Elise Mertens, Toby Melville LONDON, Elina Svitolina, Elise Mertens, Venus Williams, Svitolina, Belgian Mertens, Mertens, Elise, Sofia Kenin, China's Wang Xinyu, I'm, Shrivathsa Sridhar, Ed Osmond Organizations: Lawn Tennis, Croquet Club, Wimbledon, Belgian, Thomson Locations: London, Britain, Bengaluru

☆ Wawrinka sets up Djokovic clash as Wimbledon clears backlog
▼ + stars: | 2023-07-06 | by ( ) www.reuters.com time to read: +3 min

The 38-year-old Wawrinka, winner of three Grand Slam titles and twice a Wimbledon quarter-finalist, knocked out 29th seed Tomas Martin Etcheverry 6-3 4-6 6-4 6-2. His reward was a first meeting on grass with Djokovic who has beaten him in 20 of their 26 clashes. "I was missing that in my career to play him in the Grand Slam in Wimbledon. It was a memorable day for Andrey Rublev who overcame fellow Russian Aslan Karatsev 6-7(4) 6-3 6-4 7-5 to bag his 50th Grand Slam match victory and move into the third round. She set up an intriguing clash with American Sofia Kenin after the former major champion eased past China's Wang Xinyu 6-4 6-3.

Persons: Serbia's Novak Djokovic, Australia's Jordan Thompson, Dylan Martinez, Stan Wawrinka, Novak Djokovic, Alexander Zverev, Tomas Martin Etcheverry, It's, Novak, Wawrinka, Gijs Brouwer, Matteo Berrettini, Lorenzo Sonego, Andrey Rublev, Aslan Karatsev, Elina Svitolina, Elise Mertens, Sofia Kenin, China's Wang Xinyu, Barbora Krejcikova, Kontaveit, Marie Bouzkova, Shrivathsa Sridhar, Ed Osmond Organizations: Lawn Tennis, Croquet Club, Australia's Jordan Thompson REUTERS, Wimbledon, Dutch, England Club, Ukraine, Thomson Locations: London, Britain, Swiss, Madrid, Bengaluru

☆ Coco Gauff suffers shock first round defeat at Wimbledon amid mixed results for other US players
▼ + stars: | 2023-07-04 | by ( Ben Morse | ) edition.cnn.com time to read: +4 min

CNN —Coco Gauff suffered a shock defeat in the first round of Wimbledon on Monday, whilst there were mixed results for her US compatriots elsewhere at the third grand slam of the year. Gauff, 19, did battle back to take a hard-earned second set but was blown away by world No. I feel like I have been working hard, but clearly it’s not enough.”Kenin will face 21-year-old Xinyu Wang in the second round. Gauff and Kenin were two of 19 US players in the women’s draw at Wimbledon. 4 seed, failed to convert three match points in the second set tie-break as both players dealt with windy conditions.

Persons: Coco Gauff, Gauff, Sofia Kenin, Kenin, “, ” Gauff, ”, Wang, Jessica Pegula, Lauren Davis, Rob Newell, CameraSport, Pegula, Spain’s Cristina Bucșa, Venus Williams, Ukraine’s Elina Svitolina, Williams, Elina Svitolina, Daniel Leal, “ You’re, I’ve, “ I’ve, It’s Organizations: CNN, Wimbledon, Getty

☆ Back to drawing board for Gauff after first-round exit at Wimbledon
▼ + stars: | 2023-07-03 | by ( ) www.reuters.com time to read: +2 min

"Right now I'm very frustrated and disappointed," Gauff said after losing 6-4 4-6 6-2, her first ever opening round defeat at the grasscourt major. "I have to go back to the drawing board and see where I need to improve and how to do the right drills to do that." Opponents have targeted Gauff's vulnerable forehand and she said she knows that shot needs work. "When I was higher ranked and everything, people looked at me like I should win," Kenin said. Writing by Rory Carroll in Los Angeles Editing by Toby DavisOur Standards: The Thomson Reuters Trust Principles.

Persons: Coco Gauff, Sofia Kenin, Gauff, Kenin, she'd, China's Wang Xinyu, Rory Carroll, Toby Davis Organizations: Sofia, Wimbledon, All England, Thomson Locations: Los Angeles

☆ Grand Slam King Djokovic wins 23rd crown by conquering Ruud at French Open
▼ + stars: | 2023-06-11 | by ( Shrivathsa Sridhar | ) www.reuters.com time to read: +4 min

On an historic day on Court Philippe Chatrier, Djokovic won his 21st consecutive Grand Slam tournament match to become the only man to capture each of the four majors - Australian Open, French Open, Wimbledon and U.S. Open - at least three times. "Obviously a Grand Slam is a Grand Slam," Djokovic said. "It's no coincidence that I won the 23rd Grand Slam here in Paris, because this tournament was really in my entire career the toughest to win. Victory meant Djokovic has won the first two Grand Slams in a year for a third time after similar runs in 2016 and 2021. "Another day, another record and another day you rewrite tennis history," Ruud said, addressing a beaming Djokovic.

Persons: Novak Djokovic, Casper Ruud, Rafa Nadal, of Clay, Roland Garros, Philippe Chatrier, Djokovic, it's, Nadal, Carlos Alcaraz, Ruud, Alcaraz, Kylian, Zlatan Ibrahimovic, Ruud volleyed, ranted, I'm, Taiwan's Hsieh Su, China's Wang Xinyu, Taylor Townsend, Leylah Fernandez, Julien Pretot, Toby Davis Organizations: Wimbledon, Serbian, Nadal, U.S ., Djokovic, Soccer, Melbourne Park, Thomson Locations: Serbian, Paris, Kosovo

☆ Swiatek no fan of 'Iga's Bakery' memes after serving up another double bagel
▼ + stars: | 2023-06-04 | by ( ) www.reuters.com time to read: +2 min

PARIS, June 4 (Reuters) - Iga Swiatek underlined her credentials as a firm favourite for the French Open title on Saturday after serving up double bagels yet again with a 6-0 6-0 win, but the world number one refused to be swept up in the "Iga's Bakery" social media craze. But when a question about "Iga's Bakery" was put to Swiatek after her victory, her smile vanished before the top seed said she wanted to remain respectful to her opponents. loading"Look, I don't want to really talk about that. I really get why people do that because it's fun and tennis is entertainment and everything," Swiatek told reporters. Swiatek will next face Lesia Tsurenko, who lost 6-2 6-0 to her in Rome last month.

Persons: Swiatek, Wang, Anastasia Pavlyuchenkova, I'm, Lesia Tsurenko, Tsurenko, Rohith Nair Organizations: Thomson Locations: Rome, Paris, Ukrainian, Bengaluru

☆ Coco Gauff defeats Mirra Andreeva at French Open
▼ + stars: | 2023-06-03 | by ( Issy Ronald | ) edition.cnn.com time to read: +2 min

CNN —It wasn’t too long ago that Coco Gauff exploded onto the scene as a 15-year-old, defeating Venus Williams at Wimbledon in 2019. Andreeva won the first set against Gauff. Christophe Ena/APDespite her age, Gauff has already played in numerous French Open tournaments and reached the final last year. Armed with that experience, she reset, shored up her second serve, and harnessed her powerful backhand to ultimately outmaneuver Andreeva. 4 Elena Rybakina withdrew from the French Open citing an upper respiratory illness.

Persons: Coco Gauff, Venus Williams, Gauff, ” Gauff, ” Andreeva, Roland Garros, Andreeva, Christophe Ena, outmaneuver, Anna Karolina Schmiedlova, Swiatek, China’s Wang Xinyu, Elena Rybakina Organizations: CNN, Wimbledon, American, Guardian, WTA, Gauff Locations: Andreeva

☆ Swiatek serves up double bagel as Gauff, Rune advance
▼ + stars: | 2023-06-03 | by ( Julien Pretot | ) www.reuters.com time to read: +2 min

PARIS, June 3 (Reuters) - Defending champion Iga Swiatek continued her imperious march towards a third French Open title in four years with a 6-0 6-0 humiliation of Wang Xinyu on Saturday to reach the fourth round. Gauff ended the run of fellow teenager Mirra Andreeva with a 6-7(5) 6-1 6-1 victory, recovering from a tough start against the 16-year-old Russian. Swiatek was in dazzling form on Saturday, dishing out a double bagel to Wang - the fourth time she has won a set 6-0 in the first three rounds. In the men's draw, Holger Rune took a step closer to becoming Denmark's first male Grand Slam singles champion when he powered past Argentine qualifier Genaro Alberto Olivieri 6-4 6-1 6-3. In the distance is a possible repeat of last year's quarter-finals as Norway's Casper Ruud overcame a slow start to down Zhang Zhizhen of China 4-6 6-4 6-1 6-4 and reach the fourth round.

Persons: Iga Swiatek, Wang Xinyu, Coco Gauff, Gauff, Mirra, Swiatek, Wang, Elena Rybakina, Sara Sorribes Tormo, I'm, Rybakina, Holger Rune, Denmark's, Genaro Alberto Olivieri, Norway's Casper Ruud, Zhang Zhizhen, Shrivathsa Sridhar, Ed Osmond Organizations: Wimbledon, Argentine, Thomson Locations: China, Paris

☆ WTA roundup: Top seeds roll in Dubai
▼ + stars: | 2023-02-22 | by ( ) www.reuters.com time to read: +2 min

February 22 - The top two seeds in the Dubai Duty Free Tennis Championships lost a combined three games while cruising to second-round wins on Tuesday in the United Arab Emirates. 1 Iga Swiatek of Poland, the reigning French Open and U.S. Open champion, routed Canada's Leylah Fernandez 6-1, 6-1, and No. 2 Aryna Sabalenka of Belarus, the reigning Australian Open champion, demolished the United States' Lauren Davis 6-0, 6-1. Third-seeded Jessica Pegula of the United States, who lost to Swiatek in the Doha final, got past Bulgaria's Viktoriya Tomova 6-2, 5-7, 6-1 in the second round at Dubai. Stephens, the 2017 U.S. Open champion, had lost her first-round matches at Auckland, New Zealand; Hobart, Australia; and the Australian Open to begin the year.

☆ WTA roundup: Belinda Bencic, Danielle Collins cruise in Adelaide
▼ + stars: | 2023-01-09 | by ( ) www.reuters.com time to read: +1 min

January 9 - Belinda Bencic of Switzerland and Danielle Collins were among those to win their first-round matches at the Adelaide International on Monday in Australia. 8 seed, beat Garbine Muguruza of Spain 6-3, 6-4 in 79 minutes. Collins, the American 10th seed, handled Karolina Pliskova of Czech Republic in 76 minutes. Hobart InternationalFourth seed Sloane Stephens lost her first-round match to fellow American Lauren Davis 6-2, 6-2 in Hobart, Australia. 1 seed Marie Bouzkova of Czech Republic beat Jaqueline Cristian of Romania 7-6 (2), 6-3.

☆ Sabalenka survives scare to reach Adelaide quarters
▼ + stars: | 2023-01-04 | by ( ) www.reuters.com time to read: +2 min

Having received a bye into the second round, second seed Sabalenka started sluggishly to find herself in trouble trailing by five games to one but the 24-year-old roared back to save six set points and claim the opening set in the tie-break. After the pair traded breaks other early in the next set, Sabalenka showed her mental toughness again in the tie-break to seal her first win of the season in two hours and 15 minutes. "She's an incredible player with a huge serve, so it was a tough match and I'm super happy with this win." Sabalenka will next face former French Open runner-up Marketa Vondrousova, who handed Kaia Kanepi a bagel en route to a 6-0 6-4 victory. Reporting by Shrivathsa Sridhar in Bengaluru; Editing by Robert BirselOur Standards: The Thomson Reuters Trust Principles.

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