Eisler Imposes Bonus Clawbacks as Hedge Funds Face Talent Fight

Eisler Capital, the $4 billion hedge fund that’s battling an industrywide talent war, is targeting traders where it hurts in a bid to keep them from leaving: their bonuses.

The hedge fund, founded by former Goldman Sachs Group Inc. partner Edward Eisler, introduced a rule earlier this year that requires traders to potentially repay even the cash bonuses they received for 2023 if they leave before year end, people familiar with the matter said. Departing portfolio managers will also have to pay Eisler the taxes that the hedge fund paid on the payments, the people said, asking not ...