Co- Founder Patterson Leaves Menta Capital

Jan 30 2008 | 9:55am 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.


In Depth

Q&A: Old Hill's Stone On Private Debt, P2P And Credit Bubbles

Jun 6 2017 | 7:52pm ET

While institutional capital continues to flow into the broader private debt sector...

Lifestyle

CFA Institute To Add Computer Science To Exam Curriculum

May 24 2017 | 9:25pm ET

Starting in 2019, financial industry executives sitting for the coveted Chartered...

Guest Contributor

AIMA: How The U.K.'s SMCR Will Affect U.S. Firms

Jun 20 2017 | 6:29pm ET

U.S. investment managers need to think seriously about how tough new U.K. conduct...

 
Error

From the current issue of