Tagged: quant fund

Hyperion Decimus Founders Explain Why They Chose BitGo, a Digital Asset Custodian

August 22, 2023 @ 9:14 pm By Omar Faridi |

When Hyperion Decimus Founders Chris Sullivan and Matt Rosen launched the quant fund they had one “headache” to solve: mitigating counterparty risk. Self-custody wasn’t secure enough, so they “started the process of carefully vetting potential custodians.” That’s how they reportedly chose BitGo. Sullivan said: “BitGo… Read More

Investing Firm Renaissance Technologies, which Recorded Worst Returns Ever Across Hedge Funds, to Deal with $5B in Redemptions

February 8, 2021 @ 10:05 pm By Omar Faridi |

Renaissance Technologies, the investing firm that recently recorded its worst returns across its public funds, is now having to deal with around $5 billion in redemptions. Customers decided to pull about $1.85 billion across the three different hedge funds back in December 2020 and also… Read More