Asset ManagerRIA · CRD 172116SEC-RegisteredPrivate Fund Adviser

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Squarepoint Ops LLC

SQUAREPOINT OPS LLC is an SEC-registered investment adviser in NEW YORK, NY, registered since 2014. The firm manages $227.0 billion in assets.

Squarepoint Ops LLC

SQUAREPOINT OPS LLC is an SEC-registered investment adviser in NEW YORK, NY, registered since 2014. The firm manages $227.0 billion in assets. It has 69 employees and 61 investment advisers.

General information

Firm type

Asset Manager

Year founded

2014

AUM

$13B (per Bloomberg, 2023)

Location

Region

North America

Country

United States

City

New York

Corporate office

New York, NY, United States

Additional offices

London · Singapore · Montreal

Principals

Pierre Lecomte

Co-Founder and Head of Business Development

Christophe Citte

Co-Founder and Chief Technology Officer

Sector focus

Hedge FundsQuantitative & SystematicInfrastructure

Frequently asked questions

Who runs investment decisions at Squarepoint?

Investment decisions are driven by Squarepoint Capital's systematic research team, led by co-founders Pierre Lecomte and Christophe Citte. The firm uses algorithmic models rather than discretionary trading, so portfolio construction is governed by quantitative protocols. Key personnel include the co-founders and a team of quantitative researchers (per Bloomberg, 2023).

How does Squarepoint source proprietary deal flow?

Squarepoint does not rely on traditional deal flow for primary investments; it generates proprietary trading strategies through in-house quantitative research. The firm's data science team develops machine learning models that identify market inefficiencies. This research-driven model allows Squarepoint to access alpha opportunities not available to discretionary funds (per Institutional Investor, 2022).

Is Squarepoint Ops LLC a single family office or a hedge fund?

Squarepoint Ops LLC is not a family office; it provides operational and administrative services for Squarepoint Capital, a quantitative hedge fund. The entity handles trade processing, compliance, and vendor management. Squarepoint Capital is a registered investment adviser managing multi-strategy systematic funds (per SEC filings).

What investment stages does Squarepoint typically target?

Squarepoint Capital is a systematic hedge fund that is agnostic to investment stages. It invests across liquid asset classes, including equities, fixed income, currencies, and commodities, using a multi-strategy approach. The firm does not focus on venture capital or early-stage private equity.

Which sectors does Squarepoint explicitly avoid?

Squarepoint Capital avoids illiquid private equity and direct real estate investments, as its systematic model requires liquid markets for algorithmic trading. The firm also does not engage in discretionary long-only equity bets. Its focus remains on liquid, traded assets.

Where does the underlying wealth come from?

The wealth of Squarepoint's principals—Pierre Lecomte and Christophe Citte—derives from their careers as quantitative finance professionals at firms like Goldman Sachs. The hedge fund's capital is raised from institutional investors, including pension funds, endowments, and sovereign wealth funds (per Bloomberg, 2023).

Does Squarepoint maintain philanthropic structures?

Squarepoint Capital and its founders support philanthropic initiatives through the Squarepoint Foundation, a separate charitable organization. The foundation focuses on education and scientific research, though specific assets or grant details are not publicly disclosed. It operates independently from the hedge fund.

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