Key Takeaways
- • Verition Fund Management hired Alex Mouturat, a former senior portfolio manager at Millennium Capital Partners with three years of experience, to build a dedicated energy team focused on European natural gas, power, carbon, and oil trading.
- • The hire represents a strategic expansion into commodity markets at a time when many hedge funds have retrenched from energy trading, positioning Verition as a contrarian player in the sector.
- • Mouturat will operate as a pod manager with authority to build his own team, following Verition's decentralized portfolio management structure that emphasizes individual trader autonomy.
- • Verition has demonstrated sustained hiring momentum in 2024–2026, adding multiple senior portfolio managers including quantitative specialists from Goldman Sachs and Nomura, suggesting institutional appetite for the fund's multi-strategy platform.
Summary
Verition Fund Management has appointed Alex Mouturat, a seasoned portfolio manager formerly at Millennium Capital Partners, to establish and lead a dedicated energy trading team. Mouturat spent three years at Millennium before joining Verition, where he will operate under the fund's pod-based structure, building his own team to focus on European energy markets including natural gas, power, carbon, and oil.
The hire underscores Verition's strategic diversification into commodity markets during a period when many hedge funds have withdrawn from energy trading due to volatility and reduced profitability. By expanding into this sector, Verition is positioning itself as a contrarian player willing to deploy capital where competitor activity has declined. The energy team mandate reflects the fund's broader multi-strategy approach, which has historically included equities, quantitative strategies, and other liquid asset classes.
This appointment is part of a broader recruitment campaign at Verition. In recent years, the fund has hired multiple senior investment professionals, including Jerome Brochard, an MD from Nomura's quantitative investment solutions team, and ex-Goldman Sachs and Nomura quantitative specialists. These hires have expanded Verition's headcount and capabilities as the fund pursues growth in both traditional and emerging trading verticals. The fund's emphasis on recruiting experienced external talent to build autonomous trading pods reflects confidence in its operational infrastructure and investor capital availability.
Mouturat's arrival signals Verition's commitment to capturing opportunities in commodity and energy markets as macro conditions shift. His Millennium background positions him to execute complex European energy strategies, while his autonomy to build a dedicated pod aligns with Verition's decentralized investment philosophy.
The hire underscores Verition's strategic diversification into commodity markets during a period when many hedge funds have withdrawn from energy trading due to volatility and reduced profitability. By expanding into this sector, Verition is positioning itself as a contrarian player willing to deploy capital where competitor activity has declined. The energy team mandate reflects the fund's broader multi-strategy approach, which has historically included equities, quantitative strategies, and other liquid asset classes.
This appointment is part of a broader recruitment campaign at Verition. In recent years, the fund has hired multiple senior investment professionals, including Jerome Brochard, an MD from Nomura's quantitative investment solutions team, and ex-Goldman Sachs and Nomura quantitative specialists. These hires have expanded Verition's headcount and capabilities as the fund pursues growth in both traditional and emerging trading verticals. The fund's emphasis on recruiting experienced external talent to build autonomous trading pods reflects confidence in its operational infrastructure and investor capital availability.
Mouturat's arrival signals Verition's commitment to capturing opportunities in commodity and energy markets as macro conditions shift. His Millennium background positions him to execute complex European energy strategies, while his autonomy to build a dedicated pod aligns with Verition's decentralized investment philosophy.
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