Chris Pugh, the chief operating officer and co-founder of Cantab Capital Partners, has reportedly left the Cambridge-based global macro hedge fund firm.
Financial News reported that Pugh left Cantab Capital at the end of March and has been replaced by Fraser McIntyre, who joined Cantab in September last year from Meditor Capital Management. Pugh’s reason for departure was not disclosed.
Pugh, who was previously the chief operations officer at KBC Alternative Investment Management, helped design Cantab’s trading systems and was responsible for processes and compliance at the hedge fund.
Launched in 2006 with about $30 million in assets under management by Pugh, Ewan Kirk and Erich Schlaikjer, Cantab currently manages about $4.7 billion. The firm specializes in quantitative investments.