Sum includes $500 million from Deutsche Bank to be managed in a separate account.
Roc Capital Management, recently founded by former Deutsche Bank arbitrage chief Arvind Raghunathan, is set to launch its maiden fund next month with short- and long-term commitments of more than $1 billion. That sum includes $500 million to be drawn upon from Deutsche Bank that will managed in a separate account.
The New York quant shop includes the 20 staffers who worked under Raghunathan in Equitech Group, a Deutsche Bank quant unit within its equities proprietary trading division. That group lost only 0.80% last year while many other quant funds were roiled by the volatile markets. The group managed