Tower is a big stat arb player and is associated with Lime Brokerage which is an incredibly fascinating company. The founder of Lime Brokerage also started Limewire of internet warez fame. I recall a pretty deep expose in Bloomberg magazine about Lime from a year or two ago.

The Tower offices look really sick. My guess is that this environment is very academic-like: Fewer hours, more flexible schedule (1pm - midnight quant type hours), and probably pretty geeky. Looks cool though.

Oak Hill is a dist credit fund. I am surprised that these two shops are spoken in the same breath. Incredibly different.

 

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