Bobby Jain Hires Two Senior Quants Ahead of Hedge Fund Debut

Bobby Jain hired two veteran quants as he builds out complex, computer-driven capabilities for his new hedge fund firm.

(Bloomberg) — Bobby Jain hired two veteran quants as he builds out complex, computer-driven capabilities for his new hedge fund firm.

Peter Bolland will head quantitative strategies, setting up infrastructure and overseeing portfolio managers, according to people familiar with the matter. He joins from Quantbot Technologies, which manages money exclusively for Schonfeld Strategic Advisors. Meanwhile, Credit Suisse Group AG alumnus Anton Merlushkin will oversee quant modeling and analytics.

Bolland will report into Jain, who has been snapping up talent as he prepares what could be the largest hedge fund launch on record. Jain Global is expected to start trading in July.

A representative for the New York-based firm declined to comment.

Read more: Bobby Jain Hires More Key Talent Ahead of 2024 Hedge Fund Debut

Bolland, who has a doctorate in neural networks, was a portfolio manager at Quantbot and previously ran the electronic market-making group at Morgan Stanley, where he worked for almost two decades. He started this week.

Merlushkin, who’s set to join in November, will work in the firm’s risk group, building various risk models, one of the people said. He concentrated on quant technology and trading for much of his tenure at Credit Suisse, which spanned more than two decades, and during a two-year stint at Eisler Capital.

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