People Moves

Citadel Brings In MD For Americas Distribution Effort

Eliane Chavagnon Reporter 20 July 2012

Citadel Brings In MD For Americas Distribution Effort

Citadel Investment Group has appointed John Rustum as a managing director to lead its Americas distribution effort, the firm has confirmed.

Rustum - latterly a marketing executive at DE Shaw Group - will focus on distribution of Citadel's Kensington and Wellington funds as part of his overall responsibility for Citadel Asset Management's funds, according to media reports.

At DE, Rustum was co-head of marketing and client servicing for the firm's alternative investment platform and benchmark-relative institutional asset management business. Before that, he was head of US convertible sales at Goldman Sachs.

According to the firm's website, the Citadel group - which comprises Citadel Asset Management and Citadel Securities - has offices in Chicago, IL, New York, London, Hong Kong, San Francisco, CA, Boston and Dallas, TX. 

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