Hedge Fund Verition Moves Its New York Office in a Major Expansion
- Firm more than quadruples NYC footprint, stays on Park Ave.
- Verition hired more than 100 staff globally during pandemic
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Verition Fund Management has moved to new Manhattan offices in a major expansion for the fast-growing hedge fund.
The firm relocated to 245 Park Ave., where it has 38,000 square feet (3,530 square meters) on the 35th floor, according to people familiar with the matter. That’s more than four times its old space at nearby 230 Park Ave., where it occupied 8,500 square feet.