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Hedge Funds

Credit Suisse Said To Prep Spinoff Of $1B Quant Hedge Fund Business

by finalternatives.com posted 11months ago 412 views
Credit Suisse Asset Management is reportedly planning to spin out its $1 billion Quantitative and Systematic Asset Management division, home to the company’s internal Qube and QT equity-focused quant funds, later this year.  The nearly 100-person unit will become a standalone entity through a management buyout, according to a Bloomberg article citing an individual person familiar with the matter.