 | |
| Company type | Private |
|---|---|
| Industry | Investment management |
| Founded | 2005 |
| Founders |
|
| Headquarters | New York City, U.S. |
Key people | Will England (CEO & CIO) |
| AUM | US$6.8 billion (September 2024) |
Number of employees | 350 (September 2024) |
| Website | walleyecapital |
| Footnotes /references [1] [2] | |
Walleye Capital (Walleye) is an American multi-strategy hedge fund management firm headquartered in New York with additional offices outside the US in London and Dubai.
In 2005, Walleye was originally set up as an options market making firm in Minnesota by Irving Kessler, Peter Goddard, and three others. [3] [4] [5] Prior to this Kessler who was an experienced floor trader had founded Deephaven Capital Management. [3] [4]
The founders of Walleye intended for it to perform electronic trading that used data and fast computers to earn profits for its clients. [3] [6] Goddard oversaw the development of a system called Deephaven that enabled Walleye analysts to query large amounts of fast-moving data in real time which gave its clients competitive advantage. [6]
According to Walleye's own disclosures, as a trading firm it has been fined multiple time for breach of regulatory rules. [2]
In 2016, Goddard spun out Deephaven Data Labs as its own company to use the Deephaven system to solve data challenges in other ways. [6]
In 2017, Walleye started accepting outside capital and restructured to become a hedge fund. Walleye changed its strategy with aims to shed its Midwestern image and become the best midsize multi-strategy platform. It limited capital managed so it could put more of its risk into its volatility and quant strategies. [7] [5]
In 2023, Walleye launched Dockside Platforms which connects investors to smaller Money Managers that charge lower fees and offer more liquidity and transparency. This was considered a method provide more options and chip away at the bargaining power that larger hedge funds held such as Citadel LLC, Millennium Management, LLC and Point72 Asset Management. [8]
In March 2024, Walleye laid off 12 employees (4% of employees) as part of its restructuring process. [5] In August 2024, Walleye laid off a further 12 employees and closed its office in Houston. [9] In October 2024, further cuts were made with 8 traders leaving the firm. [10]
Man Group plc is an active investment management business listed on the London Stock Exchange. It provides investment funds in liquid and private markets for institutional and private investors. It is the world's largest publicly traded hedge fund company, reporting $178.2 billion in funds under management as of June 2024. The firm is headquartered at Riverbank House in London and employs over 1,800 people in various locations. The company was a sponsor of the Man Booker Prize from 2002 to 2019.
Citadel LLC is an American multinational hedge fund and financial services company. Founded in 1990 by Ken Griffin, it has more than $63 billion in assets under management as of June 2024. The company has over 2,800 employees, with corporate headquarters in Miami, Florida, and offices throughout North America, Asia, and Europe. Founder, CEO and Co-CIO Griffin owns approximately 85% of the firm. As of December 2022, Citadel is one of the most profitable hedge funds in the world, posting $74 billion in net gains since its inception in 1990, making it the most successful hedge fund in history, according to CNBC.
Farallon Capital Management, L.L.C. is an American multi-strategy hedge fund headquartered in San Francisco, California. Founded by Tom Steyer in 1986, the firm employs approximately 230 professionals in eight countries around the world.
Sculptor Capital Management is an American global diversified alternative asset management firm. They are one of the largest institutional alternative asset managers in the world.
Brevan Howard is a European hedge fund management company based in Jersey with its funds domiciled in the Cayman Islands. Brevan Howard was founded in 2002 by Alan Howard, alongside four other co-founders including Chris Rokos, and is widely considered to be one of the top global macro hedge funds.
Deephaven Capital Management, LLC was a subsidiary of Knight Capital Group that managed various hedge funds. The company was later shutdown due to poor performance blamed on prevailing macro-economic environment.
Highbridge Capital Management, LLC is a multi-strategy alternative investment management firm founded by Glenn Dubin and Henry Swieca in 1992. In 2004, it was purchased by JPMorgan Chase; as of 2019, it had about $3.9 billion in assets under management, out of $150 billion in JPMorgan's global alternatives division.
Winton Group, Ltd is a British investment management firm founded by David Harding. In the United States, Winton is registered with the Securities and Exchange Commission as an investment advisor and with the Commodity Futures Trading Commission as a CTA, and is authorised by the Financial Conduct Authority in the UK. The company trades on more than 100 global futures markets in a wide variety of asset classes and on global equity markets. The firm was launched with $1.6 million in 1997, reached a peak of $28.5 billion in assets under advisement, before dropping to $7.3 billion by late 2020. Winton Group has six offices around the world: London, New York, Hong Kong, Shanghai, Sydney, and Abu Dhabi.
Millennium Management is an investment management firm with a multistrategy hedge fund offering. It is one of the world's largest alternative asset management firms with over $70.2 billion assets under management as of October 2024. The firm operates in America, Europe and Asia. As of 2022, Millennium had posted the fourth highest net gains of any hedge fund since its inception in 1989.
Jane Street Capital is a global proprietary trading firm. It employs more than 2,600 people in six offices in New York, London, Hong Kong, Amsterdam, Chicago, and Singapore, and trades a broad range of asset classes on more than 200 venues in 45 countries.
Lone Pine Capital is an American-based hedge fund and investment advisor headquartered in Greenwich, Connecticut. The firm has offices in London, New York City, and San Francisco.
Bracebridge Capital is a hedge fund based in Boston, Massachusetts. It was co-founded by Nancy Zimmerman and Gabriel Sunshine. It manages funds from the endowments of Yale University and Princeton University. It also made $1.5 billion from the Argentine debt restructuring. As of February 2016, it had $10.3 billion of assets under management, making it the largest hedge fund managed by a woman in the world. Sunshine owns a 5% stake in Bracebridge as of 2017.
WorldQuant, LLC is an international hedge fund and quantitative investment management firm headquartered in Old Greenwich, Connecticut. Founded in 2007, the firm is currently managing approximately $9 billion in assets under management for Millennium Management via quantitative trading and other methods of quantitative investing. WorldQuant operated the WorldQuant Challenge, where participants compete in the field of quantitative finance, and WorldQuant Accelerator, an independent portfolio manager platform. In 2015 the WorldQuant Foundation launched WorldQuant University.
Rokos Capital Management LLP (RCM) is a British Alternative Investment Fund Manager (AIFM). RCM is headquartered in London, with offices in New York,Washington DC and Singapore. It is authorised and regulated by the UK Financial Conduct Authority. The firm has around 200 employees.
Tiger Global Management, LLC is an American investment firm founded by Chase Coleman III, a former Tiger Management employee under Julian Robertson, in March 2001. It mainly focuses on internet, software, consumer, and financial technology companies.
Schonfeld Strategic Advisors is an American hedge fund based in New York City. Formed in 2015, Schonfeld continues the business that Steve Schonfeld established in 1988 – a family office pioneering in short-term, systematic and algorithmic trading.
Qube Research & Technologies (QRT) is a global quantitative investment management firm headquartered in London with additional offices in Europe and Asia.
BFAM Partners (BFAM) is a hedge fund management firm based in Hong Kong. The firm focuses on investments in China and is known for investing in high-yield property debt as well as distressed securities.
LMR Partners (LMR) is a British multi-strategy investment firm. It has a focus on global macro and event-driven investment strategies and makes use of both systematic and discretionary trading strategies.
Pinpoint Asset Management, is a Chinese hedge fund management firm headquartered in Hong Kong with its other main office based in Shanghai. It is one of the earliest hedge funds established in Mainland China.
| Investment strategy |
|  | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|
| Trading | ||||||||||
| Related terms |
| |||||||||
| Investors | ||||||||||
| Governance | ||||||||||
