A hedge fund that spun of out of Citadel has been doing some heavy hiring
If you're looking for a buy-side equities job in New York City this year, you might want to give Candlestick Capital a try. Even more so if you happen to have left Deutsche Bank.
Founded earlier this year by Jack Woodruff, a star equities portfolio manager at Citadel's Surveyor Capital, Candlestick is expected to begin trading in the next few months. It's already amassed an impressive roster of talent, including Craig Bench, the former most cheerful man in Deutsche Bank's equities business (and DB's ex co head of NY institutional equity sales), its co-president.
Bench joined Candlestick in June 2019 according to his LinkedIn profile. So did more ex-Surveyor people, including portfolio analyst Brian Young and associate Richard Shi. However, Candlestick isn't restricting itself to plundering Citadel; in the past few months it's also recruited Chris Tierney as head of data from consumer company Schonfeld and John Black as head trader from Piper Jaffray.
Candlestick currently has around 15 employees based in NYC according to LinkedIn. It's not clear whether that's the lot of whether more hiring is coming, but with Bench in charge Deutsche's equities traders might want to get in touch. At the very least they might feel better for it- Bench's positivity is supposed to be infectious.
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