MuleSoft founder Ross Mason has joined an unusual venture fund called SignalFire. SignalFire wants to change the VC industry with quant-like data.
The hunt for tech-savvy trading whizzes pits Nomura against rival banks, high-frequency trading firms, and fintech startups.
A cofounder of one of the oldest machine-learning funds said the assumption investors make about machine-learning is that it "can solve any data-rich problem, which is far from being the case."
Hedge-fund giant Citadel has poached a top quant executive from Morgan Stanley. It's one of the fiercest talent battlegrounds on Wall Street.