Launches & Closures

Macro prop trading firm Odin Capital Management starts first vehicle for outside investors after strong six-year track record


Odin Capital Management, a global macro-focused proprietary trading firm led by former Credit Suisse and Goldman Sachs exe-cutives, has launched a pooled hedge fund vehicle for outside investors for the first time since setting up in 2006.

Based just outside London in the Surrey town of Woking, Odin was founded by CIO Patrick Moerth – who was previously responsible for global macro and quantitative strategies in Credit Suisse’s hedge fund group in Zurich.

Moerth’s approach to global macro trading is relatively unusual in that it combines the use of quantitative models with discretionary trade execution. He started developing