Citadel Hires 17 Ex-Visium Portfolio Managers- WSJ

(Updated - July 20, 2016 3:41 PM EDT)

Ken Griffin's Chicago-based Citadel has hired 17 portfolio managers from Visium, which has collapsed from insider trading charges and other allegations, the Wall Street Journal reported on Wednesday, citing people familiar with the matter.

Visium recently laid off 31 employees in New York, according to a NY warn notice, as it looks to sell its renaming fund, Visium Global Fund, to AllianceBernstein. It is unclear if these 17 portfolio managers were included in the recent layoffs.

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