Ex-Carmingac Executive Yesilhark Said To Launch Boutique AI-Based Manager

Jun 16 2017 | 10:09pm ET

Carmingac’s former head of European equities, Muhammed Yesilhark, has reportedly launched a new investment boutique named Q2Q Capital that will utilize artificial intelligence for short-term investments.

The new firm was established in the U.K. in early June, according to Citywire citing regulatory filings, and listed Yesilhark as chief investment officer. While utilizing AI for short- and medium-term trading, the new company will also invest in cryptocurrencies, the article continued. 

Yesilhark left Paris-based Carmingac in March of 2016 after managing the investment manager’s European equities desk for two years. He was hired from Steve Cohen’s SAC Capital. 

Founded in 1989 by Edouard Carmignac and Eric Helderlé, Carmignac is one of Europe’s leading money mangers, with more than €60 billion in assets under management. 

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