Summary
NEW YORK (Reuters) - Eric Rosenfeld, a co-founder of collapsed hedge fund Long-Term Capital Management, is actively recruiting investment talent for a new quantitative investment fund, a person familiar with the situation said on Wednesday. The fund, called Quantitative Alternatives LLC, will employ computer-driven trading strategies, a strategy that is similar to hedge funds including Renaissance Technologies Corp., AQR Capital Management and others, this person said.
It is unclear how much money the firm has raised so far. It is also actively pursuing partnerships with banks, pension funds and other financial institutions to bolster its strategies, the source said.See the full content of this document
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Ltcm Founder Launching New Hedge Fund: Source
Mr. Rosenfeld declined to comment through a spokesperson.
Mr. Rosenf...See the full content of this document
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