Hudson Bay Capital Management, the $3.2 billion hedge fund firm run by Sander Gerber, hired Jonathan Larkin, BlueCrest Capital Management’s former head of U.S stock trading, to build a strategy that picks stocks with the help of computer models.
Scott Black, Hudson Bay’s general counsel and chief compliance officer, confirmed Larkin’s appointment. He started at the New York-based firm on Monday.
Larkin quit BlueCrest in September after less than two years with the firm. He was among the hires that BlueCrest founder Michael Platt made to expand into U.S. equities. Larkin was previously the head of Americas equities trading at Nomura Holdings Inc. and before that was head of equities at Millennium Management, a New York-based hedge fund.
At BlueCrest, Larkin worked with Nicholas O’Grady, who sued his former employer BlueCrest over an unpaid bonus.
Hedge Fund Alert previously reported Larkin’s appointment.