Multi-strategy major Citadel has parted company with two of its portfolio managers – Matthew Carter-Tracy and Jospeh DiGiacomo – while another – Ben Shapiro – is rejoining Ken Griffin's $62bn firm, according to a report by Bloomberg.

The report cites unnamed sources with knowledge of the matter as confirming the departures of Carter-Tracy, who was an energy portfolio manager at Citadel's fundamental equities business Surveyor Capital, and DiGiacomo, and the arrival of Shapiro, who is set to rejoin the business as a healthcare portfolio manager in May.

According to his LinkedIn profile, Shapiro previously worked for Surveyor between 2015 and 2020, before leaving for Balyasny Asset Management.