Key Takeaways
- • Schonfeld Strategic Advisors more than tripled its London business development headcount since 2022, growing the team from six employees to 20 by the end of 2025, according to a report by eFinancialCareers based on newly filed UK accounts.
- • Schonfeld's London workforce expanded by 71 employees since 2022, with business development posting the strongest proportional growth across the firm.
- • The London portfolio management team added a net nine portfolio managers in 2025 and 25 since 2022, while trading, risk management and traditional HR headcount declined over the same period.
- • FCA records show five investment professionals left Schonfeld in September 2025, including portfolio managers Rastko Miletic and Joseph Bond, following the August exit of Manus Baveja to Dymon.
Summary
Schonfeld Strategic Advisors has more than tripled its London business development headcount since 2022, a build-out that reflects the firm's continued investment in portfolio manager recruitment, according to a report by eFinancialCareers. Newly filed UK accounts show the firm's London workforce has grown by 71 employees since 2022, with business development recording the strongest proportional growth across the firm.
The business development team, which is responsible for identifying and recruiting portfolio managers, grew from six employees in 2022 to 20 at the end of 2025. The expansion comes as competition for investment talent has intensified among multi-manager hedge funds. Schonfeld's London portfolio management team also grew, adding a net nine portfolio managers in 2025 and 25 since 2022. Over the same period, headcount in trading, risk management and traditional human resources functions declined.
The hiring push takes place against a backdrop of continued competition for investment professionals among major multi-strategy platforms. Schonfeld has itself lost recruitment talent to rivals, with senior equities recruiter Sameer Buch leaving for Millennium earlier this year.
The firm has also experienced turnover within its investment team. FCA records indicate that five investment professionals left in September, including portfolio managers Rastko Miletic and Joseph Bond, alongside Andrew Prentice, Peter Hunt and Sourabh Tripathi. These departures are understood to have followed the August exit of Manus Baveja to Dymon.
Taken together, the figures underscore Schonfeld's emphasis on portfolio manager recruitment as a driver of its London expansion, even as the firm contends with investment-team attrition.
The business development team, which is responsible for identifying and recruiting portfolio managers, grew from six employees in 2022 to 20 at the end of 2025. The expansion comes as competition for investment talent has intensified among multi-manager hedge funds. Schonfeld's London portfolio management team also grew, adding a net nine portfolio managers in 2025 and 25 since 2022. Over the same period, headcount in trading, risk management and traditional human resources functions declined.
The hiring push takes place against a backdrop of continued competition for investment professionals among major multi-strategy platforms. Schonfeld has itself lost recruitment talent to rivals, with senior equities recruiter Sameer Buch leaving for Millennium earlier this year.
The firm has also experienced turnover within its investment team. FCA records indicate that five investment professionals left in September, including portfolio managers Rastko Miletic and Joseph Bond, alongside Andrew Prentice, Peter Hunt and Sourabh Tripathi. These departures are understood to have followed the August exit of Manus Baveja to Dymon.
Taken together, the figures underscore Schonfeld's emphasis on portfolio manager recruitment as a driver of its London expansion, even as the firm contends with investment-team attrition.
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