Citadel Loses U.S. Distribution Head

Jacob Walthour, managing director of Citadel and head of U.S. distribution at Citadel Asset Management, has resigned.

Jacob Walthour, managing director of Citadel and head of U.S. distribution at Citadel Asset Management, has resigned. His departure follows the resignation of Bill King, who was senior managing director and head of securitized products at the firm. Walthour joined Citadel’s New York office in January last year to focus on marketing the firm’s hedge funds to the U.S. institutional clients. Prior to this, he was principal and head of advisory services for the Americas at hedge fund consultant, Aksia.

Click here for the story from Pensions & Investments.