Saturday, 25 June 2016
Last updated 1 day ago
Aug 31 2010 | 10:51am ET
Alex Patelis is back in the game, and a full day early. The former chief economist at hedge fund PSQR Capital today announced the debut of his eponymous research firm.
Patelis Macro will offer “a personalized, real-time relationship for a select number of clients,” the firm said. “We try to address the right questions, at the right time, with as little fluff as possible,” Patelis himself said.
When he left PSQR in June, Patelis said he expected to open his boutique research firm in September.
“The sellside research paradigm hasn’t kept pace with changes in technology and markets, and I believe there’s an untapped need for more than the typical barrage of PDF research notes delivered via e-mail, and one-hour visits with clients,” Patelis said.
PSQR, for its part, has since gotten out of the client-servicing business, deciding earlier this month to return outside capital to its investors just 10 months after opening it. PSQR was founded by former Paulson & Co. portfolio manager Paolo Pellegrini.