Meet Tekmerion: The classics-obsessed macro investor spinning out of Brevan Howard with $1 billion

"Before mega funds like Millennium and Citadel shifted the $5.2 trillion industry toward more institutional 'skill factories,' hedge funds were dominated by quirky characters trading niche markets and esoteric instruments. Zachary Squire certainly fits that bill. The chief investment officer of Tekmerion Capital, which will spin out of Brevan Howard next month with $1 billion in assets, Squire has the investing bona fides - with stops at D.E. Shaw, Bridgewater, and HBK - that would catch any allocator's eye."

"Even in the eccentric world of macro investors, though, Squire stands out. A Princeton valedictorian who majored in Latin and ancient Greek, he's turning his undergraduate thesis - a deep dive into property rights in the works of Roman philosopher Cicero - into a book. He sang opera as a child growing up in New York City."

"Tekmerion counts multimanager quant fund, Engineers Gate, and Galaxy Digital CEO Michael Novogratz as investors and is positioning itself as a diversifier for institutions heavily exposed to US stocks, driven by differentiated macro research. 'There's an opportunity right now where macro is hot and en vogue, and we want to be out there fundraising,' said Squire."

Tekmerion Capital exemplifies a shift back toward specialized hedge funds run by distinctive personalities, contrasting with the institutional mega-funds that dominate the $5.2 trillion industry. Led by CIO Zachary Squire and CEO Reed Morrissey, the firm is raising capital by positioning itself as a diversifier for institutions overexposed to US stocks through differentiated macro research. Squire, a Princeton valedictorian in Latin and ancient Greek with experience at D.E. Shaw, Bridgewater, and HBK, brings unconventional credentials to macro investing. The firm has secured backing from Engineers Gate and Galaxy Digital CEO Michael Novogratz. Squire and Morrissey are actively fundraising at industry conferences, targeting investors who understand both macro strategies and hedge fund dynamics.

Read at Business Insider