Wednesday, February 25, 2009

The trade group is leaving Deutsche Bank and hedge fund opens


25.02.2009

Trade-group quantification of Deutsche Bank AG leaves the bank to open a hedge fund, as well as the German bank gets rid of risky operations, reports Bloomberg.

Unit Equitech Group, owned by Deutsche Bank, a record fund Roc Capital Management, with headquarters in New York. The new hedge funds to start work in the II quarter of this year, and his team will have more than 20 people, including traders and scholars.

The core of the new team is headed by 35-year-old Boaz Vaynshtayn (Boaz Weinstein), left German bank, along with 15 of their colleagues. In addition, the Fund will support the operation 40 people in India who are trained to open trade in the mathematical model Equitech.

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