Ainslie’s Maverick Said to Shop Quant-Driven Stock-Picking Fund
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Maverick Capital, the $9 billion investment firm led by Lee Ainslie, is speaking with investors about a quant-driven fund that will wager on stocks, according to a person briefed on the plan.
The Maverick Fundamental Quant fund would operate separately from Maverick’s main investment unit, the person said. It will use algorithms to analyze various hedge funds’ historical stock picks to predict how investments will fare. Though details aren’t final, the product probably will be offered with liquid terms that would make it accessible to retail investors, the person said.