Mergers & Acquisitions / Joint Ventures

Caxton forms strategic macro partnership with Wadhwani

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Wadhwani Asset Management, the London-based quant macro investment firm headed by former Bank of England monetary policy committee member Sushil Wadhwani, has formed a strategic partnership with Caxton Associates, the long-established $10 billion New York-based macro trading and investment firm led by Bruce Kovner.

Under the terms of the agreement, Wadhwani will become a partner at Caxton – which also has offices in London and Sydney as well as its New York headquarters – and Caxton will take a minority interest in Wadhwani Asset Management, which is relocating to Caxton’s London office at 40 Berkeley Square.

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