Co- Founder Patterson Leaves Menta Capital

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.


In Depth

Direct Lending: What’s Different Now?

Mar 14 2017 | 8:43pm ET

Senior direct lending funds have become riskier over the past four years, with leverage...

Lifestyle

'Tis the Season: Wall Street Holiday Parties Back In Fashion

Dec 22 2016 | 9:23pm ET

Spending on Wall Street holiday parties has largely returned to pre-2008 levels...

Guest Contributor

SEI: Private Debt Coming Into Its Own

Mar 8 2017 | 9:24pm ET

The explosive growth of private debt over the past few years has caused the lines...

 

From the current issue of