AQR Head of Machine Learning Set to Leave After Seven Months

Marcos Lopez de Prado, head of machine learning at AQR Capital Management, is set to leave after less than a year at the firm.

AQR named Bryan Kelly, a researcher and Yale professor of finance, as the new leader of the AI effort, according to a person familiar with the matter. As part of the change, the firm bought certain intellectual property owned by Lopez de Prado, including multiple patent applications related to machine learning.