Citadel Hires Ex-BlackRock’s David Bonfili for New Equities Unitby
Will serve as chief operating officer for Aptigon Capital
Led by Richard Schimel, Aptigon is building its ranks
Ken Griffin’s $24 billion Citadel investment firm has hired David Bonfili to help manage a new equities division, according to spokesman Zia Ahmed.
Bonfili will start on Aug. 29 as chief operating officer at Aptigon Capital, the multimanager unit led by Richard Schimel. The Greenwich- and New York-based division is building its ranks. Last month it hired 17 money managers from Visium Asset Management to trade stocks in various sectors.
Aptigon will be one of four equities-trading units owned by the Chicago-based Citadel, all of which manage money for its main Kensington and Wellington hedge funds. It’s the second such unit Citadel’s created in roughly a year. “As part of our continuing growth strategy, Citadel recruiting efforts are focused in the places where we can find the very best talent,” Ahmed said.
Citadel started Ravelin Capital in San Francisco last year, bringing back former employee Jeff Runnfeldt to lead the effort. The investment firm’s Global Equities unit is based in Chicago and its Surveyor Capital unit is based in New York.
Bonfili was a nuclear submarine officer and taught at the U.S. Naval Academy before turning to finance. He most recently was COO at BlackRock Inc.’s Alternative Investors group, where he worked from July 2013 to June of last year, according to his LinkedIn.com profile. He previously spent more than five years at Two Sigma.