Zach Kurz, a former Forbes' 30 under 30 member and deputy CIO for PointState, is starting his own hedge fund, sources tell Insider. The new firm will be called Pinnbrook Capital, and is expected to start trading April 1 with $500 million. Sources told Insider the new firm has an anchor investor that is pumping in roughly half of the firm's starting capital. Kurz is another big name to leave PointState. He took over the responsibilities of PointState cofounder Josh Samuelson when he left the firm in late 2019.