Bobby Jain Hires More Key Talent Ahead of 2024 Hedge Fund Debut

Bobby Jain is filling key roles and locking down office space around the world as he prepares for what could be one of the biggest hedge fund launches in industry history.

The former Millennium Management executive hired Townie Wellsas chief investment officer for fundamental equities in the Americas, according to a person familiar with the matter. Wells, who’s joining Jain Global in October 2024, most recently worked for two years as a portfolio manager at Citadel’s equities unit, Ashler Capital, according to his LinkedIn profile.

A spokesperson for New York-based Jain Global, which is expected to begin trading ...