Sunday, 21 December 2014
Last updated 6 hours ago
Jan 30 2008 | 8:55am ET
A co-founder of $750 million quantitative hedge fund shop Menta Capital has left for personal reasons.
George Patterson said that he remains an investor in Menta, and is seeking new opportunities in the asset management business, including opportunities outside of the hedge fund industry, according to published reports. He also said that the San Francisco-based firm has suffered alongside its fellow quants over the past several months.
“January was not a pretty month,” he said. “I don’t know the exact numbers because I’m not involved directly with Menta anymore. It was a tough month, but that was not just for Menta; it was across the board.”
Patterson founded Menta with a pair of fellow Barclays Global Investors portfolio managers in 2006.
Dec 1 2014 | 10:21am ET
As 2014 winds down, Northern Trust Hedge Fund Services executives took some time to share their outlook on trends facing the industry in 2015. Read more…
Jeff Sprecher was simply looking for a platform to trade energies when launching ICE 14 years ago but it has grown to reach the pinnacle of both the listed futures and equities world.