Key Takeaways
- • Schonfeld Strategic Advisors (UK) LLP's filed accounts show its London headcount rose by 71 people since 2022, with business development the fastest-growing function according to eFinancialCareers.
- • London business development staff grew from six in 2022 to 20 at the end of 2025, while the fund added a net nine London portfolio managers in 2025 and 25 since 2022.
- • Trading, risk and standard HR roles have dwindled at the London entity over the same period.
- • Five portfolio managers were reported as leaving Schonfeld in September 2026 per FCA Register data, following Manus Baveja's August exit to Dymon.
Summary
The article describes business development in hedge funds as the function that recruits portfolio managers. eFinancialCareers notes that the head of business development at Point72 has described the role as investing in portfolio managers, who then invest on the fund's behalf. Schonfeld's London business development team has been accumulating portfolio managers, with a net nine added in 2025 and 25 added since 2022. By contrast, trading, risk and standard HR roles have declined.
The report also notes departures. Business development staff member Sameer Buch has left for Millennium this year, according to the article. The FCA Register suggests five portfolio managers left Schonfeld in September: Rastko Miletic, Joseph Bond, Andrew Prentice, Peter Hunt and Sourabh Tripathi. Their departures are thought to follow the August exit of Manus Baveja to Dymon. Figures are based on average headcount excluding LLP members, per the annual reports for 2023 to 2025.
Go deeper than the headline
Research every firm in this story, track the ones that matter and get the daily briefing — free for 7 days.