Former Citadel Manager Launches Hedge Fund with Investor Support

Nico Dil, previously a money manager at Citadel, has initiated trading for his own hedge fund. Bloomberg posted on X, revealing that investors such as Squarepoint Capital and Lighthouse Investment Partners are backing the venture, according to sources familiar with the situation. Dil's move marks a significant step in his career, leveraging his experience at Citadel to attract substantial investment support for his new fund. The involvement of prominent investors underscores confidence in Dil's capabilities and the potential of his hedge fund.