The Quarry

What The Quarry does

The Quarry LP is a private, SEC-registered multi-manager investment platform founded in 2021–2022 and headquartered at 331 Park Avenue South, New York. The firm allocates capital across liquid strategies spanning equities and fixed income by partnering with a curated bench of portfolio managers. Its core offering is a multi-manager investment platform that integrates three capabilities: customized structuring to align incentives between portfolio managers, the firm, and investors; modern infrastructure with integrated order and portfolio management systems supporting active risk management across asset classes; and talent selection to source portfolio managers at all growth stages. The firm's stated objective is to deliver uncorrelated returns across market conditions through portfolio diversification and access to quality investment talent.

The firm is founder-led by Peter Bremberg (former COO of Boothbay Fund Management, where he oversaw over $5 billion in capital allocations to 100+ portfolio managers), supported by a four-principal leadership team with prior experience at Millennium, Hutchin Hill, Octavian, Taconic Capital, Kora Management, Goldman Sachs, BlockFi, and Bear Stearns. The firm is structured as an LP and operates as a Registered Investment Adviser serving qualified institutional investors and family offices through private placement structures. Distribution is conducted via direct institutional relationships, led by a dedicated business development and investor relations function; the firm maintains a LinkedIn presence and a website (quarrylp.com). Operations span 11–50 employees. The platform extends beyond discretionary capital allocation into a dedicated quantitative strategies capability, and the firm positions itself as a global multi-strategy asset management firm, though its physical footprint is single-location in New York.

Revenue mechanics follow the standard hedge fund model — management fees and performance fees on assets under management — though AUM, fee terms, and revenue figures are not publicly disclosed. Operating economics for a multi-manager platform of this scale and stage are highly dependent on the pace of capital raising from institutional limited partners, with the leadership team's pedigree serving as the primary asset for investor origination.

Name

The Quarry

Legal name

The Quarry LP

Website

https://quarrylp.com

Company type

Private

Founded year

2022

Operating status

Operating

Headcount range

11–50 employees

Short description

The Quarry LP is a New York–based, SEC-registered multi-manager investment platform that allocates capital to portfolio managers across liquid equities and fixed income strategies. It serves qualified institutional investors and family offices through private placement structures.

Ownership category

akta.pro rank

Product category

Multi-Strategy Asset Management

NAICS

Portfolio Management and Investment Advice (52394), Securities, Commodity Contracts, and Other Financial Investments and Related Activities (523)

SIC

Investment Advice (6282)

akta.pro primary industry

OCIO & Multi-Asset Outsourced Portfolio Management (FSAAAJAF)

akta.pro secondary industries

OCIO Providers (Outsourced CIO) (FSAAAGAH), Multi-Asset Solutions for Institutional (Pensions/Endowments/Sovereigns) (FSAAAJAJ)

Keywords

• Multi-strategy asset management
• Hedge fund allocation platform
• Portfolio manager partnerships
• Institutional investment management
• Liquid alternative strategies

Headquarters

HQ city

New York

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Marketing or Sales, Infrastructure

Distribution channels1 record

Marketing channels1 record

Core offering

The Quarry LP allocates capital to liquid investment strategies across equities and fixed income through a multi-manager platform. It partners with portfolio managers by providing customized structuring, modern trade and portfolio infrastructure, and active talent sourcing to deliver uncorrelated returns. The offering is accessed by qualified institutional investors through private placement structures.

Product overview

The Quarry operates as a single, unified multi-manager investment platform rather than a modular software product. The core offering is the Multi-Manager Investment Platform, which combines three integrated capabilities: (1) Customized Structuring for aligning incentives between portfolio managers, the firm, and investors; (2) Modern Infrastructure providing access to asset classes and markets with integrated order management and portfolio management systems; and (3) Talent Selection for partnering with high-quality portfolio managers. These components work together as one integrated investment management service rather than as separate modules.

Differentiator

Problem solved

Functional benefit

Products and services

• Multi-Manager Investment Platform A unified multi-manager investment platform that allocates capital to liquid equity and fixed-income portfolio managers, providing customized structuring, modern OMS/PMS infrastructure, and active talent sourcing for qualified institutional investors.

Segments1 record

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature2 records

Scale indicators3 records

Recent moves6 records

Expansion highlights4 records

Direct peers

• Millennium Management: Global multi-manager hedge fund platform that allocates capital to portfolio managers across multiple strategies. Operates the same multi-PM pod structure The Quarry is building, but at materially larger scale; cited as a comparable because The Quarry targets the same PM talent pool and allocator base.
• Point72 Asset Management: Multi-strategy investment firm with discretionary and systematic franchises and internal portfolio managers across asset classes. Comparable to The Quarry as a multi-strategy platform targeting institutional capital.
• Schonfeld Strategic Advisors: Multi-manager hedge fund platform running pods of portfolio managers across liquid strategies. Directly comparable in structure to The Quarry and competes in the same institutional allocator universe for multi-manager mandates.
• Caxton Associates: Multi-strategy hedge fund operating discretionary and systematic programs across global macro, equities, and fixed income. Comparable to The Quarry as a multi-strategy liquid-alternatives platform; relevant team pedigree (Tousignant started his career at Caxton).
• ExodusPoint Capital: Multi-manager hedge fund employing both discretionary and systematic portfolio managers across global markets. Operates a similar PM-platform model to The Quarry and competes for allocator mandates in liquid strategies.
• Boothbay Fund Management: Multi-manager hedge fund platform that allocates capital to 100+ portfolio managers; founder Peter Bremberg was previously COO at Boothbay, making it the closest direct comparable in business model and stage when The Quarry was being built.
• Balyasny Asset Management: Multi-strategy, multi-manager hedge fund platform that invests capital across hundreds of internal and external portfolio managers. Operates a similar model to The Quarry across equities, fixed income, and macro strategies, and competes for the same allocator mandate.
• Hutchin Hill Capital: Multi-manager hedge fund that allocates capital to portfolio managers across multiple strategies. Directly relevant because Ian Tousignant (Head of Quant Strategies at The Quarry) was previously a portfolio manager at Hutchin Hill, and the firm employs a similar PM-platform model.

Broad incumbents

• Bridgewater Associates: Largest global macro multi-strategy hedge fund, allocating across systematic and discretionary strategies. Comparable as a broad incumbent in the multi-strategy institutional allocator universe that The Quarry targets, though materially larger and more diversified.
• Citadel Asset Management: Large global multi-strategy alternative asset manager with discretionary and systematic franchises. Comparable as a broad incumbent multi-strategy platform in the same allocator universe, though materially larger and more diversified than The Quarry.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat4 records

Key risks5 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/the-quarry-lp

Compliance2 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles4 records

Funding overview

Funding rounds1 record

Investors1 record

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about The Quarry