Ken Griffin And The Art Of The Revenge Hire

You, mountain man? You used to work at SAC? Here’s a bunch of money from Citadel.
By Paul Elledge [CC BY-SA 4.0], via Wikimedia Commons

By Paul Elledge [CC BY-SA 4.0], via Wikimedia Commons

Impossible to work for, you say? Steal my people, will you, throwing my own words back in my face? Is that how it’s gonna be, Mr. Black Edge? Well, rest assured that Ken Griffin will not take this lying down when there is a handy bedpost nearby! A gloriously hirsute and eccentric bedpost, no less! Feel free to stick around for more than a quarter, maybe.

Sam Elsokari, a senior portfolio manager who decided to go it alone after Steven Cohen closed SAC’s London office following the insider trading scandal in 2013, has joined Citadel’s London hedge fund as a portfolio manager….

Since launching his own firm, Elsokari has nurtured an impressive beard, and feels so strongly about his facial hair that he wrote a blog for The Beard Mag last year, where he said it’s “time to reclaim the beard”.

“My beard has evoked strong reactions from those I know and don’t know,” he wrote. “People are afraid of it, my wife initially hated it but now loves it. My sister still hates it saying it fits the mould. I’ve been called names in Heathrow airport, I’ve been stopped and questioned suspiciously by immigration officers in the US and in Egypt – where in both countries it’s seen as a symbol of extremism.”

Citadel has just hired a former SAC Capital Advisers partner who has been running his own hedge fund [eFinancialCareers]