Thursday, 2 October 2014
Last updated 14 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.
Sep 22 2014 | 4:15pm ET
"I tell people that everybody likes good news and so if you have good performance that’s wonderful,” explains Mike McKitish of Peddie School's endowment, “but it’s the people that want to talk about the bad news or where they drifted and how they came back and how they stayed to their discipline…” that he wants to hear from. Read more…
Sep 30 2014 | 9:29am ET
The crisp Autumnal days of October are upon us, and so are a few of the hedge fund industry’s favorite charitable events. If you have never been to Rocktoberfest, well, you are missing out. And for a quieter evening of sipping and socializing, stop by HFC’s Wine Soiree. Read more…
High frequency trading is not evil, it is not a conspiracy and it really is not new; it is the natural evolution of the professional trading community making markets, providing liquidity and hopefully...