The Changing Landscape of Hedge Fund Infrastructure at Eisler Capital: Key Hires and Departures in 2024
In the fast-paced world of hedge funds, infrastructure is more crucial than ever in 2024. Eisler Capital, a prominent player in the industry, has recently undergone some changes in its infrastructure team, sparking interest and speculation among industry insiders.
The departure of Angelo Haritsis, the man behind Eisler’s infrastructure, has raised eyebrows as some departing employees have criticized the fund’s technology setup. Haritsis, who retired as a director of Eisler in January after six years with the firm, previously held positions at top financial institutions like Goldman Sachs and Deutsche Bank.
To fill the void left by Haritsis, Eisler has brought in Gregory Fishbein, a seasoned professional with 11 years of experience at Element Capital Management. Fishbein, who was a managing director in modelling and technology at Element, joins Eisler as its new global head of infrastructure.
Under Haritsis’ leadership, Eisler’s technology was reportedly a “massive problem” according to some alumni, citing difficulties in acquiring engineering resources. However, COO Chris Milner has refuted these claims, stating that in some cases, the return on investment did not justify allocating resources.
The recent changes in Eisler’s infrastructure team come amidst scrutiny of deputy CIO Sam Wisnia, who worked closely with Haritsis at both Goldman Sachs and Deutsche Bank. Wisnia, a former Goldman Sachs partner, has faced criticism from a group of departed portfolio managers at Eisler.
In addition to Fishbein, Eisler has also welcomed Rumit Patel, who joined the firm in March after serving as the sole support engineer for AQR Capital Management in EMEA. Patel brings a wealth of experience from his time at Citadel and BlueCrest Capital Management.
As Eisler continues to evolve its infrastructure team, industry observers are keen to see how these changes will impact the fund’s operations and performance in the competitive hedge fund landscape of 2024.