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My client, an established family office located in Greenwich, Connecticut is in the process of establishing an office in Manhattan. The firms AUM currently stands at circa $2BN. The CIO is looking for a senior portfolio manager with a market neutral strategy and a 5+ year track record to join the multi-manager platform. The role can be located in either Greenwich, Connecticut or Manhattan and will involve running your strategy in an autonomous environment with support from management to scale up.

The CIO is looking for a manager with a proven strategy with the following metrics.  

• Net annualized return of 10% on capital after leverage.
• Net Sharpe of 2 or higher.
• Daily volatility of less than 0.5% of gross exposure.
• Max drawdown of less than 5%.
• Max single name exposure of less than 2%.
• Scalable to $100m per side or higher.

The firm has a competitive security master, exchange connections to major equity and futures markets and the platform has been designed to support medium frequency equity and futures trading with in-house optimization and algorithmic execution systems.

The role is ideal for a market neutral portfolio manager, looking for a silo environment in which to deploy while retaining your intellectual property.

The compensation consists of a base salary (draw) + % of P&L defined by a formula linked to the Net Sharpe and P&L.