Former global head of foreign exchange at Citigroup, Anil Prasad, is preparing to launch his own macro hedge fund in early April
- Initial start-up capital of at least $500 million
- Silver Ridge Asset Management will have offices in London and New York
- Prasad left Citi in early 2014
- Farhang Mehregani, also a former Citi executive, is joining Prasad
via Reuters, quoting “three sources familiar with the matter”
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Good stuff. Get your CVs in, people!