Verition - Any Color Would Be Helpful
I was curious on pod hf Verition. Their AUM looks to be ~$2bn. I was wondering what is the make up of strategies / pods. Way back when I interviewed for a credit trading seat for an etf arb team. What is the typical aum for each pod and how is Verition viewed vs the millenniums and citadels of the world.
From what I’ve heard more of a stopover type of place for senior analysts to get the PM title before moving on to bigger MM or flaming out. Would definitely not go as an analyst
While returns are good seems like they are having trouble raising money because of the Amaranth disaster
I've heard great things about them from a fund of funds friend that I know. Extremely strong performance from what I've heard.
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