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The 2016 Hedge Fund Rising Stars: Maureen Chang

Chang needs to wow her boss, Point72 Asset Management chairman and CEO Steven Cohen, with the talent she finds.

    莫林常
    Point72 Asset Management

    Speaking at the annual Milken Institute Global Conference in Los Angeles this May, hedge fund manager Steven Cohen remarked on the scarcity of top traders and investors. “Frankly, I’m blown away by the lack of talent,” said the founder, chairman and CEO of Point72 Asset Management. “It’s not easy to find great people. We whittle down the funnel to maybe 2 to 4 percent of the candidates we’re interested in. Talent is really thin.”

    在Point72,科恩的大约1美元1 billion family office, it’s Maureen Chang’s job as a director in investment talent development to assist with identifying those 2 to 4 percent who make the cut for a seat on the investing team at the Stamford, Connecticut–based firm.

    Chang, 35, began her own Wall Street career at Merrill Lynch & Co. After earning an economics degree from Tufts University in 2003, the Worcester, Massachusetts, native moved to New York. Chang, whose parents are small-business owners, first worked for a technology start-up and for financial services data provider Dealogic. But she soon followed her older brother into banking, getting a job in equity research at Merrill Lynch in New York, where she reported to an analyst who covered investment banking.

    Despite winning a promotion to associate, Chang recognized that life as an equity analyst — following one group of companies forever — wasn’t for her. In 2007 she switched to specialty sales, staying in that role through the global financial crisis and after Bank of America Corp. acquired Merrill Lynch as part of the government-brokered emergency measures of late 2008 aimed at fending off a broader collapse of the investment banking industry. The merger resulted in a surfeit of people in several roles, and Chang was among those who found themselves on the outside. She quickly landed a post in institutional equity sales with independent broker-dealerISI Groupin New York, where she stayed before moving to Point72 early last year. Cohen is counting on Chang to help build up his bench.

    Visit the2016 Hedge Fund Rising Stars: Ivy League Schools Pave the Wayfor more.

    Hedge Fund Rising Stars of 2016

    Jessye Ball
    Millennium Mgmt
    Sarah Berner
    Aristeia Capital
    Jenna Bussman-Wise
    AIG Investments
    莫林常
    Point72 Asset Mgmt
    Dennis Chenfu
    Pershing
    Charles Dufresne Jr.
    Sciens Capital Mgmt
    William Freda
    Graticule Asset Mgmt Asia
    Samantha Greenberg
    Margate Capital
    Mark Gurevich
    Ropes & Gray
    Tal Gurion
    Mariner Glen Oaks
    Craig Huie
    University of California
    Yusef Kassim
    Blue Harbour Group
    Florian Kronawitter
    White Square Capital
    Vikram Kumar
    TT International
    Brandon Levin
    Jana Partners
    Jonathan Levin
    George Weiss Associates
    Brett Minarik
    Aksia
    Ian Monroe
    Etho Capital
    Jason Morrow
    Utah Retirement Systems
    Pierre-Adrien Nicolas
    Squarepoint Capital
    Jamie Pabst
    Green Owl Capital Mgmt
    Parag Pande
    Blackstone Group
    Agata Praczuk
    MetLife
    Max Saffian
    Fortress Investment Group
    Matt Satnick
    MSD Partners
    Eric Singer
    Viex Capital Advisors
    Katina Stefanova
    Marto Capital
    Reginald Tucker
    New York State Common Retirement Fund
    Michael Wang
    Cypress Funds
    Sean Wygovsky
    Polar Asset Mgmt Partners