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”

Good stuff. Get your CVs in, people!