Hedge Fund Seeks 'Bitcoin Execution Trader'

Jan 6 2014 | 12:37pm ET

At least one hedge fund is taking the bitcoin seriously.

According to an e-mail last week from recruiter Glocap Search, a San Francisco-based hedge fund is seeking a "junior bitcoin execution trader to assist with bitcoin execution, general fund operations and reporting." The missive did say that "bitcoin and crypto currency knowledge" were "a plus but not required."

Candidates were asked to be "comfortable working with uncertainty" and have a "willingness to work with a brand new product without an 'industry standard.'"

Glocap changed the listing on Friday to remove references to bitcoin and "crypto currencies."

"We felt on reflection that we'd be able to reach the right people and to assess candidates' genuine interest in trading and trading ops the way the posting was written," Glocap's Anthony Keizner told TheStreet.

It is unclear which hedge fund was on the lookout for a bitcoin-plus trader. Last week, Fortune magazine reported that San Francisco-based Pantera Capital was planning a bitcoin hedge fund. Fortress Investment Group is also reportedly starting a bitcoin fund.


In Depth

Q&A: Filippo Pignatti Morano On The Ultimate Alternative Investment...Classic Cars

Jan 29 2015 | 12:37pm ET

In 2011, Filippo Pignatti Morano launched a fund to invest in classic cars. FINalternatives...

Lifestyle

Looking For A Hedge Fund Manager? Try Davos

Jan 28 2015 | 8:48am ET

Davos, Switzerland seems to have become the hedge fund capital of the world—at...

Guest Contributor

From Switzerland With Love: Some Hard Truths About Central Banks And Risk

Jan 23 2015 | 7:54am ET

In the wake of the Swiss National Bank uncoupling the country’s currency from...

 

Editor's Note