Key facts
- Nitin Dewan, head of equity capital markets at Jain Global, has left the firm.
- Dewan is joining Tudor Investment Corp.
- Tim Hailes withdrew from a role after learning of criminal proceedings against someone connected to a previous employer.
Nitin Dewan, who led equity capital markets at Jain Global, has departed the firm to take a position at Tudor Investment Corp. The circumstances surrounding Dewan's departure are unclear, but it follows an incident where Tim Hailes withdrew from an unspecified role. Hailes stated his decision was prompted by learning that an individual closely associated with a previous employer was subject to criminal proceedings. The additional source provided information about Jain Global hiring an alumnus from Brookfield for its equity capital markets team on March 1, 2024, but did not directly relate to Dewan's departure.