Verition Signs Deal for Eisler’s Tech as Hedge Fund Shutters

Verition Fund Management is signing a deal to license a technology platform that drove trading intelligence at Eisler Capital, a hedge fund that’s winding down.

The Greenwich, Connecticut-based multistrategy hedge fund will pay an undisclosed amount to use Photon, a tech platform developed by Eisler under the leadership of Sam Wisnia, according to a person familiar with the matter and a staff memo sent on Tuesday.