Chicago-based Citadel Investment Group has appointed Kaveh Alamouti as a senior managing director, responsible for the firm's soon-to-be-launched multistrategy macro investment business as

Chicago-based Citadel Investment Group has appointed Kaveh Alamouti as a senior managing director, responsible for the firm's soon-to-be-launched multistrategy macro investment business as well as leading a team to develop and launch new alternative investment strategies.

'We continue to bring together the best in the industry as we expand across regions, asset classes and strategies,' says Citadel founder and chief executive Kenneth Griffin. 'Kaveh Alamouti has an exceptional reputation and track record.'

Alamouti says: 'There are tremendous trading and arbitrage opportunities in the global markets, creating a very attractive environment for a multistrategy macro business. Citadel is the ideal partner when it comes to creating leading-edge investment strategies.'

Alamouti most recently managed a global macro and multistrategy business at Moore Capital, having previously founded Optimum Asset Management. After launching his career at Salomon Brothers, where he ultimately led the European arbitrage and proprietary trading businesses, he ran Tokai Bank's global proprietary trading and arbitrage group.

The Citadel alternative investment group employs 1,200 professionals in Chicago, New York City, San Francisco, Bermuda, London, Hong Kong and Tokyo.