NEW YORK--(BUSINESS WIRE)--Forty-year hedge fund research executive Marc Greenberg, CFA, announced today he has launched Greener Pastures to advise long / short funds about how to optimize their research departments’ and investment professionals’ talent to improve firm performance.
Greenberg, formerly Director of Research and Professional Development of Point72 Asset Management and the creator of the revolutionary quantamental Point72 Idea Lab, says many firms exist to find talent, but no firms exist to advise the funds about how to grow the capabilities of their investment talent or maximize their research capabilities to produce successful, repeatable and sustainable investment processes.
Greenberg has also launched a Substack product, “The Long and the Short of It,” to provide additional advice to supplement the work done by Greener Pastures.
“We look to help hedge funds managing $500 million to $3 billion get their research programs and investment talent to play their best games,” Greenberg said. “The biggest firms have superb programs, but most firms don’t have those capabilities. We want to help them level that playing field.
“Long / short funds manage billions of dollars in assets, and we believe that with our expertise, the firms without this capability can increase their performance,” Greenberg continued. “This is important as firms wrestle with how to use AI and machine learning to augment their human capital. There doesn’t appear to be anyone providing the services Greener Pastures offers; we believe we are the first to fill this need.”
Greener Pastures offers three areas of expertise:
- Talent Management – Greener Pastures will help firms optimize their talent searches by identifying their talent gaps and creating a talent funnel. Greener Pastures isn’t a search firm, but it will evaluate the outcome of firms’ recruiting and establish clear career path trajectories.
- Professional Development – Greener Pastures will identify clients’ potential top internal performers, key performance indicators, build core skills tools, promote best practices, create and monitor a review process, design a compensation system, and build career paths. By doing this, the firm will help funds avoid the pitfalls of failing to develop their talent and making expensive external hires.
- Research Management – Smaller funds often have no formalized research management process. Greener Pastures will help them manage research budgets and allocate resources. Greener Pastures will also evaluate existing processes to ensure Sell Side and alternative data relationships provide investment teams with the best possible signals for alpha.
About Greener Pastures’ Marc Greenberg
Marc Greenberg has been following stocks and markets since graduating from Tufts, working first as both a buyside analyst and a PM, and then 10 years on the sell side as an II-ranked senior analyst and co-head of associates at Deutsche Bank.
In addition to Mr. Greenberg’s work at Point72, he also helped launch Cinctive Capital, where he worked collaboratively to put talent, processes and tools in place before the fund opened and helped the firm grow to over $1 billion in assets under management. Most recently, Mr. Greenberg served as Director of Research at J. Goldman & Co.
