The family office of former Highbridge Capital
Management co-founder and chairman Glenn Dubin is in
negotiations to enter its first seed deal backing a
quantitatively-driven equity fund with capital managed by,
among others, portfolio managers from Citadel and SAC Capital
An executive for Dubin & Co. confirmed that a
deal was in process, but that the terms, including the size of
the allocation, had not been finalized. The new firm will
launch with only partner and seed capital, and has no plans to
raise outside capital for the foreseeable future, the executive
said. Portfolio managers at the new firm, Engineers Gate,
include Yuriy Nevmyvaka, Michael Kearns, and Matthew Cushman.
Nevmyvaka and Kearns ran a quantitative trading team at SAC.
Matthew Cushman managed a quantitative strategy at Citadel
Securities. Zhihong Huang, the new firm’s chief
operating officer, also hails from SAC.
The Engineers Gate Fund I will operate two