Key Takeaways
- • Marshall Wace, one of Europe's largest hedge fund managers, has recruited a five-person team from 80 Capital, a managed futures fund, led by a former Deutsche Bank quantitative trader and Financial News Rising Star.
- • 80 Capital, launched in February 2013 with $50 million in seed funding from Deutsche Bank, currently manages approximately $100 million and operates a systematic commodity trading advisor (CTA) strategy with a three-year track record.
- • Marshall Wace will integrate the 80 Capital team with its own internal group to expand its quantitative and systematic trading capabilities, marking a diversification move into managed futures strategies.
- • The acquisition represents Marshall Wace's continued investment in quantitative and systematic strategies, complementing its existing alternative investment portfolio.
Summary
Marshall Wace, a leading European hedge fund manager, has completed the acquisition of a five-person team from 80 Capital, a managed futures fund established in 2013. The team is led by a former Deutsche Bank quantitative trader who was previously recognized as a Financial News Rising Star. Marshall Wace announced the move on Wednesday as part of a strategic expansion into commodities and systematic trading strategies.
80 Capital was launched in February 2013 with $50 million in seed capital provided by Deutsche Bank. The fund operates as a commodity trading advisor (CTA) employing systematic futures trading strategies. At the time of acquisition, 80 Capital managed approximately $100 million in assets and had established a three-year track record in the space. Marshall Wace plans to combine the 80 Capital team with its own existing personnel to create an integrated quantitative trading unit.
This acquisition represents a diversification play for Marshall Wace, allowing the firm to expand its alternative investment offerings beyond its core competencies. The integration of the managed futures capability adds to Marshall Wace's portfolio of quantitative, systematic, and fundamental strategies. For institutional investors and allocators, the move signals Marshall Wace's commitment to building broader expertise in systematic trading approaches at a time when many large alternative asset managers are consolidating talent and capabilities across multiple strategy types.
80 Capital was launched in February 2013 with $50 million in seed capital provided by Deutsche Bank. The fund operates as a commodity trading advisor (CTA) employing systematic futures trading strategies. At the time of acquisition, 80 Capital managed approximately $100 million in assets and had established a three-year track record in the space. Marshall Wace plans to combine the 80 Capital team with its own existing personnel to create an integrated quantitative trading unit.
This acquisition represents a diversification play for Marshall Wace, allowing the firm to expand its alternative investment offerings beyond its core competencies. The integration of the managed futures capability adds to Marshall Wace's portfolio of quantitative, systematic, and fundamental strategies. For institutional investors and allocators, the move signals Marshall Wace's commitment to building broader expertise in systematic trading approaches at a time when many large alternative asset managers are consolidating talent and capabilities across multiple strategy types.
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