Three Blackstone Inc. managing directors resigned following leadership changes at the firm’s hedge fund solutions group, according to people with knowledge of the matter.
Rakesh Kumar, the head of trading at Blackstone Alternative Asset Management’s special situations investing group, is set to join Point72 Asset Management, said the people, who asked not to identified discussing the move. Prior to joining Blackstone in 2018, he held roles including head trader at Valinor Management and as global head of execution at Magnetar Capital, according to his LinkedIn profile.
BAAM’s Greg Bilse and Eric Bilmes also resigned, some of the people ...
