Hedge Funds Point72, Capstone Expand European Footprint to Italy

  • Italy’s tax regime has been luring high-net-worth individuals
  • Eisler Capital also set up office in Milan in recent years

Skyscrapers in Milan, Italy.

Photographer: Francesca Volpi/Bloomberg
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Hedge funds Point72 Asset Management and Capstone Investment Advisors have expanded their European presence with new offices in Milan.

Point72 opened a location in the northern Italian city in recent months for front-office personnel, a person familiar with the matter said, asking not to be identified discussing private details. The new site adds to its European footprint that already spans the UK, France and Poland.