Mike Pringle, former head of equities at Citigroup, has left Moore Capital
Mike Pringle, the former global head of equities at Citigroup who joined Moore Capital Management in 2014, appears to have left the hedge fund.
Pringle departed earlier this month, according to filings on the Financial Conduct Authority register, less than two years after leaving Citigroup.
He left Citigroup during a period of turbulence within its equities leadership team. Shortly after his departure, Ronan Connelly, then head of its EMEA equities business, left for Nomura, while Rory Hill, who was promoted to co-head of its equity derivatives business, followed Pringle to Moore Capital in October 2014. Andy Thompson, Connelly’s successor left in July that year, to “spend more time with his family”.
Hill has also since left Moore Capital, joining Man Group's GLG long/short equity fund in January along with Ben Lynch, the former head of centralised risk trading at Citigroup who was also hired by Moore in September 2014.
Pringle joined Citigroup as head of equities for Europe, the Middle East and Africa, in 2009, but was promoted to global head of equities in 2011. However, as part of a 2012 equities shake-up, Citigroup promoted Daniel Keegan to lead cash equities globally and Simon Yates to head-up equity derivatives from New York. Pringle retained his title following the changes, but reportedly focused on Delta One trading.
Moore didn’t immediately respond to requests for comment.