Since he left his job as hedge-fund manager last year, Muhammed Yesilhark has spent his days teaching computers to pick stocks like he did in his 12-year career.
By the end of the year, the former head of European equities at Carmignac Gestion SA, who previously traded for billionaire Steven Cohen and hedge fund York Capital Management, says the algorithms will be ready to help run money for clients of his own investment firm, Q2Q Capital. Yesilhark, who will run the fund from Dubai and London, said he has raised $100 million and aims to gather $800 million in total from 40 investors.
