Economics
Tudor Backs Quant Macro Fund Started by Former Research Chiefs
- Hedge fund Evince Asset Management is targeting $600 million
- Alberto Musalem and Filippo Altissimo’s firm has $110 million
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Billionaire Paul Tudor Jones’s firm is backing a new hedge fund run by two of his alums that’s blending computer-driven analysis with macro trading.
Alberto Musalem and Filippo Altissimo’s firm, Evince Asset Management, began trading last month with about $110 million, including seed money from Tudor Investment Corp. and Tages Capital, according to people familiar with the matter. The fund plans to stop accepting outside capital when it reaches roughly $600 million, said one of the people, who asked not to be identified because the matter is private.