Rokos hires new risk chief

Gianluca Squassi is replacing Nick Howard as the $8 billion hedge fund’s CRO

Rokos nabs CRO from London-based rival

Nick Howard, chief risk officer at Rokos Capital Management, has left the firm. He will be replaced by Gianluca Squassi – formerly the CRO and chief executive officer at LindenGrove Capital, another London-based macro hedge fund.

Howard left the firm for personal reasons, a step that had been flagged to Rokos investors in the third quarter of last year. He is understood to have spent recent months helping with the transition to his successor.

LindenGrove is said by two sources to be in the