Verition Fund Management
Verition Fund Management is a privately held, multi-strategy hedge fund founded in 2008 that manages approximately $14 billion across nine global offices, serving institutional investors and family offices through diversified strategies including credit, equities, macro, and quant trading.
- Company typePrivate
- Founded2008
- HeadquartersGreenwich, United States
- Headcount501–1,000
- GTM typeB2B
- OfferingServices
What Verition Fund Management does
Verition Fund Management LLC is a privately held, multi-strategy, multi-manager hedge fund founded in 2008 by Nicholas Maounis (former President and CIO of Amaranth Advisors) and Josh Goldstein, headquartered in Greenwich, Connecticut. The firm manages approximately $14.0 billion in assets across nine global offices (Greenwich, Norwalk, New York, Chicago, Miami, London, Dubai, Hong Kong, and Singapore) and employs over 500 investment professionals. Verition operates a single unified fund platform that allocates capital dynamically across six core strategy families — Credit, Fixed Income & Macro, Convertible & Volatility Arbitrage, Event-Driven, Equity Long/Short & Capital Markets, and Quantitative Strategies — with internal capital allocation decisions made by the CEO and President.
The firm's revenue model is based on standard hedge fund economics: recurring management fees and performance fees on capital allocated by institutional investors and high-net-worth individuals/family offices, with distribution supported by a 2025 strategic minority partnership with Affiliated Managers Group (AMG). Technology infrastructure includes the Photon multi-asset trading platform licensed from Eisler Capital in February 2026. The firm has pursued active portfolio construction — hiring senior talent from competitors such as Balyasny, Citadel, Millennium, and Tower Research, while closing underperforming units such as the Lashgari/Paul program trading team at the end of 2025. Verition is regulated by the SEC in the US, the FCA in the UK (FRN 989410), and the DFSA in the Dubai International Financial Centre (F007834).
Verition Fund Management firmographics
Firmographics- Name
- Verition Fund Management
- Legal name
- Verition Fund Management LLC
- Website
- https://www.verition.com
- Company type
- Private
- Founded year
- 2008
- Operating status
- Operating
- Headcount range
- 501–1,000 employees
- Short description
- Verition Fund Management is a privately held, multi-strategy hedge fund founded in 2008 that manages approximately $14 billion across nine global offices, serving institutional investors and family offices through diversified strategies including credit, equities, macro, and quant trading.
- Ownership category
- akta.pro rank
Verition Fund Management industry classification
Industry- Product category
- Multi-Strategy Hedge Fund Management
- NAICS
- Portfolio Management and Investment Advice (523940), Other Investment Pools and Funds (5259), Securities, Commodity Contracts, and Other Financial Investments and Related Activities (523)
- SIC
- Security & Commodity Brokers, Dealers, Exchanges & Services (6200)
- akta.pro primary industry
- Multi-Strategy — Single-Manager, Multi-PM (FSAHAFAB)
- akta.pro secondary industries
- Multi-Asset Fund-of-Funds & Multi-Manager Allocation (FSAAAJAI), Systematic Portfolio Construction & Risk Control (Risk Parity, Vol Target, Dynamic Allocation) (FSAHAEAJ), Fundamental/Discretionary Equity Long/Short (FSAHAAAA), Hedge Funds — Commodity Systematic/CTA (Managed Futures) (FSAHAHAC)
Keywords
Where Verition Fund Management is headquartered
LocationHeadquarters
- HQ city
- Greenwich
- HQ country
- United States
- HQ region
- North America
Offices9 records
Markets served
Verition Fund Management business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Technology or R&D, Operations, Infrastructure, Marketing or Sales
Revenue model
- Hedge Fund Management Fees: Verition generates revenue through hedge fund management, operating as a multi-strategy, multi-manager fund that charges management fees and potentially performance fees to investors.
- Alternative Asset Management: As part of Affiliated Managers Group's alternatives revenue generation, Verition contributes to the sector which represents 57% of AMG's sector revenue while only representing 18% of AUM.
Go-to-market motion1 record
Distribution channels1 record
Marketing channels3 records
Verition Fund Management product offering
Product offeringCore offering
Verition Fund Management is a multi-strategy, multi-manager hedge fund that manages approximately $14 billion in assets across six globally diversified strategies: Credit, Fixed Income & Macro, Convertible & Volatility Arbitrage, Event-Driven Investing, Equity Long/Short & Capital Markets, and Quantitative Trading. The firm operates a collaborative single-fund platform with dynamic capital allocation across strategies, multi-tiered risk management, and manages capital for institutional investors and family offices globally.
Product overview
Verition Fund Management is a multi-strategy, multi-manager hedge fund founded in 2008. The firm operates as a single unified fund platform offering multiple investment strategies (Credit, Fixed Income & Macro, Convertible & Volatility Arbitrage, Event-Driven, Equity Long/Short & Capital Markets, and Quantitative Strategies) managed within an integrated collaborative environment. The strategies are designed to provide diversified, low-correlation returns with dynamic capital allocation across the portfolio.
Differentiator
Problem solved
Functional benefit
Products and services
- Credit Strategy Investment strategy focused on credit instruments, offered within Verition's multi-strategy hedge fund platform for institutional investors and family offices.
- Fixed Income & Macro Strategy Strategy across fixed income and global macro, including Relative Value, Rates, Macro, Foreign Exchange and Structured Products sub-strategies, offered within Verition's multi-strategy hedge fund platform for institutional investors and family offices.
- Convertible & Volatility Arbitrage Strategy Strategy capturing volatility and arbitrage opportunities across equity, commodity and FX derivatives, offered within Verition's multi-strategy hedge fund platform for institutional investors and family offices.
- Event-Driven Investing Strategy Strategy capturing returns from corporate and securities events, offered within Verition's multi-strategy hedge fund platform for institutional investors and family offices.
- Equity Long/Short & Capital Markets Trading Strategy Long/short equity and capital markets strategy offered within Verition's multi-strategy hedge fund platform for institutional investors and family offices.
- Quantitative Trading Strategy Systematic and quantitative trading strategy offered within Verition's multi-strategy hedge fund platform for institutional investors and family offices, supported by the firm's quantitative trading teams and trading platform.
Quantifiable outcome
- 2.6% returns through April 2026 versus 1.3% average for multi-strategy hedge funds
- +1 more outcomes
Companies that use Verition Fund Management
Customer profileNamed customers1 record
Segments2 records
Ideal customer profiles2 records
Verition Fund Management technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature1 record
Verition Fund Management partnerships and signals
Strategic signalScale indicators9 records
Recent moves8 records
Expansion highlights5 records
Verition Fund Management competitors and assessment
Company assessmentDirect peers
- Millennium Management: Multi-strategy, multi-PM hedge fund platform that pioneered the pod-style structure. Direct competitor to Verition for institutional capital, PM talent, and risk-managed absolute returns.
- Citadel: Largest multi-strategy hedge fund with global fixed income, equities, commodities, and quant strategies. Competes directly with Verition for institutional allocations and recruits from the same PM talent pool.
- Point72 Asset Management: Steve Cohen's multi-strategy platform with equity long/short, macro, and quant strategies. Direct peer in both institutional fundraising and talent acquisition; Verition explicitly sources PMs from Point72.
- Balyasny Asset Management: Multi-strategy hedge fund with similar multi-PM pod structure. Direct competitor; Verition hired Gustav Rydbeck (former Partner/COO of Investments) from Balyasny in 2025.
- Schonfeld Strategic Advisors: Multi-strategy, multi-PM hedge fund platform with discretionary and systematic strategies. Closely comparable in scale (~mid-teens billions AUM) and structure to Verition.
- ExodusPoint Capital: Multi-strategy hedge fund founded by former Millennium partners. Comparable in structure, strategy breadth, and institutional LP base.
- Capula Investment Management: Multi-strategy hedge fund with fixed income relative value, credit, and macro strategies. Comparable scale and strategy mix; competes for similar European institutional capital.
- Squarepoint Capital: Multi-strategy platform with significant systematic/quant tilt. Comparable in scale and overlap with Verition's Quantitative Strategies desk.
- Hutchin Hill Capital: Multi-PM, multi-strategy hedge fund focused on credit, equities, and macro. Closely comparable in size, structure, and Greenwich-based operating model.
Broad incumbents
- Affiliated Managers Group: Multi-affiliate alternative asset management platform that now holds a minority stake in Verition. Not a direct competitor but provides distribution and capital partnership; relevant as parent and for benchmarking AMG's alternatives portfolio.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks5 records
Key highlights7 records
Customer concentration
Verition Fund Management social profiles
Digital presenceVerition Fund Management financial estimates
Financial estimateRevenue estimate
Valuation estimate
Verition Fund Management leadership team
Management profileNumber of profiles
Profiles14 records
Verition Fund Management subsidiaries and ownership
Company hierarchySubsidiaries2 records
Verition Fund Management funding detail
Funding detailFunding overview
Funding rounds1 record
Investors1 record
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Verition Fund Management M&A and investment
M&A and investmentM&A
Investments15 records
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Verition Fund Management
What does Verition Fund Management do?
Verition Fund Management is a multi-strategy, multi-manager hedge fund that manages approximately $14 billion in assets across six globally diversified strategies: Credit, Fixed Income & Macro, Convertible & Volatility Arbitrage, Event-Driven Investing, Equity Long/Short & Capital Markets, and Quantitative Trading. The firm operates a collaborative single-fund platform with dynamic capital allocation across strategies, multi-tiered risk management, and manages capital for institutional investors and family offices globally.
Is Verition Fund Management a public or private company?
Verition Fund Management is a private company. It is classified as venture growth investor backed and is currently operating.
When was Verition Fund Management founded?
Verition Fund Management was founded in 2008. It employs 501 to 1,000 people.
Where is Verition Fund Management based?
Verition Fund Management is headquartered in Greenwich, United States, in the North America region.
How does Verition Fund Management make money?
Two revenue lines are on record. Hedge Fund Management Fees are the primary driver. The others are alternative Asset Management.
Who are Verition Fund Management's main competitors?
Direct peers on record are Millennium Management, Citadel, Point72 Asset Management, Balyasny Asset Management, Schonfeld Strategic Advisors, ExodusPoint Capital, Capula Investment Management, Squarepoint Capital and Hutchin Hill Capital. Affiliated Managers Group is listed as a broad incumbent.
Does Verition Fund Management have an API?
No public API is recorded for Verition Fund Management.
What industry is Verition Fund Management in?
Verition Fund Management's product category is Multi-Strategy Hedge Fund Management. Its primary akta.pro industry code is FSAHAFAB, Multi-Strategy — Single-Manager, Multi-PM, with a secondary code of FSAAAJAI, Multi-Asset Fund-of-Funds & Multi-Manager Allocation. Its NAICS code is 523940 and its SIC code is 6200.