Key Takeaways
- • Millennium has recruited Ravi Vinda, a former Citigroup short-term interest rate trader, according to a report by eFinancialCareers.
- • Vinda joined Citadel in July 2025 after four years at Brevan Howard, following three years on Citi's London short-term interest rate trading (STIRT) desk.
- • Millennium will be Vinda's third hedge fund employer since leaving Citi in 2021, and he is expected to take a portfolio management role, though his allocation size has not been confirmed.
- • The hire reflects intensifying competition among multi-manager hedge funds for macro rates talent, with London recruiters reporting a shrinking pool of experienced traders.
Summary
Vinda began his trading career in 2014 after graduating from the London School of Economics. Millennium will be his third hedge fund employer since he left Citi in 2021. He is expected to take on a portfolio management role at Millennium, although the size of his allocation has not been confirmed.
The move comes amid continued competition among multi-manager hedge funds for macro trading talent. London-based recruiters report a shrinking pool of experienced rates traders, as firms increasingly recruit from investment banks and rival funds.
The recruitment also follows a challenging period for some macro hedge funds. Rising interest rates and concerns over French government debt have contributed to market volatility.
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.