Wednesday, 17 September 2014
Last updated 15 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.
Aug 25 2014 | 11:21am ET
As many of you know, FINalternatives was recently acquired by the owners of Futures magazine, a firm called The Alpha Pages LLC. Today marks the soft-launch of a new sister site for both publications. As its name suggests, The Alpha Pages will cover all types of alternative investments, going far beyond the more well-known ones such as hedge funds and private equity. Read more…
The Federal Reserve keeps baby-stepping toward a “normalization” of monetary policy. But just what is normal?