ExodusPoint Capital Management has launched legal proceedings against former global macro portfolio manager George Saghir, alleging that he breached a non-compete agreement after joining rival hedge fund Schonfeld Strategic Advisors earlier this month, according to a report by Bloomberg.
The multi-strategy filed a lawsuit in New York on Thursday seeking to prevent Saghir from working for Schonfeld until his contractual restriction expires on 18 October. According to the complaint, Saghir began h...
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