Citadel adds senior exec for new strategy

Kaveh Alamouti was named senior managing director at Citadel Investment Group, confirmed spokeswoman Katie Spring. It is a new position. Mr. Alamouti will be responsible for a new multistrategy macro investment strategy and will lead a team to develop and launch new alternative strategies at the hedge fund firm. Mr. Alamouti was a portfolio manager at Moore Capital. He has not been replaced, a spokesman said.