Photo: Christian Haugen via Flickr
The trader-to-hedge fund exodus continues this week with Colin Teichholtz, who has just joined Pine River Capital.
Based on his past experience, we’re pretty sure he’ll be a portfolio manager or better at Pine River, which is coming off an awesome year of performance.
So in case you ever need to do some due diligence on the guy, here’s what we know about Teichholtz. It’s kind of his life story.
He grew up in Boston, and will be a lifelong Red Sox fan no matter where he lives, he says.
He’s the Treasurer at Project Explorer, a nonprofit organisation that produces a free, online global travel series, because he loves travelling so much.
Despite his love of foreign countries, the only other country he’s lived in besides the U.S. is Hong Kong, where he moved while at Goldman.
He donated to Obama.
And since you can tell a lot about someone by what they read, here’s how his favourite book genres break down.
He has read:
- 5 poker books
- 5 politics books
- 6 war books
- 8 science books
- 44 history books
- 61 economics books
- 122 fiction books
He’s married to Stella Um (pictured at right), and has two daughters, Leah and Lauren.
A snap shot of his resume:
- Harvard in 1992
- Goldman Sachs August 1992- February 2003 (a portfolio manager at Goldman Sachs Asset Management, a market-maker in Emerging Markets and mortgage-backed securities at Goldman Sachs, and a fixed-income securities trader)
- Caxton Associates (trader)
- Morgan Stanley September 2003- February 2011 (a fixed-income securities trader, ran the mortgage pass-through trading business) Click here to download a research report he did while at MS.
By the way, Pine River’s strategy is an interesting one, and they’ve done very well recently. Perhaps that’s why Teichholtz is joining the fund. Another reason: trader pay at banks is down, and as a result, hedge fund launches are up.