After long wait, ex-Goldman quant co-head opens hedge fund at SECOR

By Rob Copeland

Wed Oct 23, 2013



Ray Iwanowski's asset management shop had been tipped to launch fund two years ago. Firm also hires new CFO.


   
 

Ray Iwanowski
Photo: Wharton

Ray Iwanowski, former co-head of Quantitative Investment Strategies at Goldman Sachs Asset Management, is ready to get loud with his first hedge fund at SECOR Asset Management.

The SECOR Alpha fund started quietly last September trading $20 million of "friends and family" capital, according to a person close to the firm. Since then it has returned 5.08% -- compared with a 6.07% drop for the HFRI Macro: Systematic Diversified Index through -- and...

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