Finance
Hedge Fund Caxton Hires Ex-Millennium Trader Garg in Dubai Push
- Sameer Garg focuses on macro, cross asset volatility trading
- Caxton’s Dubai outpost is headed by ex-Barclays executive Jain
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Caxton Associates hired former Millennium Management money manager Sameer Garg for macro and cross asset volatility trading in Dubai, as part of an expansion in the city that’s emerging as a hub for hedge funds.
Garg joined as a portfolio manager in Dubai, according to a person familiar with the matter, who asked not to be identified discussing private information. Caxton hired former Barclays Plc executive Sanchit Jain in 2022 and moved him to Dubai last year as chief executive officer and portfolio manager of its business in the emirate.