Citadel’s Credit Co-Head Jamey Thompson Quits Hedge Fund

Jamey Thompson, co-head of Citadel LLC’s global credit group, is leaving the $15 billion hedge-fund firm after five years.

Thompson, who is departing this week, quit to be with family in Virginia, Katie Spring, a spokeswoman for Chicago-based Citadel, said by e-mail today. Ryan Garino and David Grossman will continue to run the group.

Thompson became one of the three co-heads of Citadel’s credit group in September, when the hedge fund merged its quantitative credit and convertible-bond teams. He started at Citadel in 2008 as a credit portfolio manager and had previously worked at New York-based hedge fund King Street Capital Management LP.

Citadel told clients about Thompson leaving late last week, Spring said. His departure follows a management change in Citadel’s equities group earlier this year when Steve Weller, who was co-head of global equities, left after the firm picked Brandon Haley to run the unit alone.

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