Eric Rosenfeld
Encyclopedia
Eric Rosenfeld was a trader and principal in the Long-Term Capital Management
hedge fund, a landmark Wall Street disaster.
Prior to LTCM, Rosenfeld was an instructor at Harvard University
, and then a trader at the famed Salomon Brothers
. About one year after LTCM's rescue, in 1999, he joined John Meriwether
as a partner in JWM Partners LLC, which started operations with about $250 million under management. He left JWM Partners to join Paloma Partners, a Greenwich fund-of-funds
.
In 2007, Rosenfeld founded Quantitative Alternatives LLC in Rye Brook, NY with Bruce Wilson and Robert Shustak. The firm closed in late 2007.
As a graduate student at MIT, he worked with Mitch Kapor
, future founder of Lotus
, to create and sell a financial statistics program written in BASIC
for an Apple II
.
Long-Term Capital Management
Long-Term Capital Management L.P. was a speculative hedge fund based in Greenwich, Connecticut that utilized absolute-return trading strategies combined with high leverage...
hedge fund, a landmark Wall Street disaster.
Prior to LTCM, Rosenfeld was an instructor at Harvard University
Harvard University
Harvard University is a private Ivy League university located in Cambridge, Massachusetts, United States, established in 1636 by the Massachusetts legislature. Harvard is the oldest institution of higher learning in the United States and the first corporation chartered in the country...
, and then a trader at the famed Salomon Brothers
Salomon Brothers
Salomon Brothers was a bulge bracket, Wall Street investment bank. Founded in 1910 by three brothers along with a clerk named Ben Levy, it remained a partnership until the early 1980s, when it was acquired by the commodity trading firm Phibro Corporation and then became Salomon Inc. Eventually...
. About one year after LTCM's rescue, in 1999, he joined John Meriwether
John Meriwether
John William Meriwether is an American hedge fund executive, seen as a pioneer of fixed income arbitrage.-Education:...
as a partner in JWM Partners LLC, which started operations with about $250 million under management. He left JWM Partners to join Paloma Partners, a Greenwich fund-of-funds
Fund of funds
A "fund of funds" is an investment strategy of holding a portfolio of other investment funds rather than investing directly in shares, bonds or other securities. This type of investing is often referred to as multi-manager investment...
.
In 2007, Rosenfeld founded Quantitative Alternatives LLC in Rye Brook, NY with Bruce Wilson and Robert Shustak. The firm closed in late 2007.
As a graduate student at MIT, he worked with Mitch Kapor
Mitch Kapor
Mitchell David Kapor is the founder of Lotus Development Corporation and the designer of Lotus 1-2-3. He is also a co-founder of the Electronic Frontier Foundation and was the first chair of the Mozilla Foundation...
, future founder of Lotus
Lotus Software
Lotus Software is a software company with headquarters in Westford, Massachusetts...
, to create and sell a financial statistics program written in BASIC
BASIC
BASIC is a family of general-purpose, high-level programming languages whose design philosophy emphasizes ease of use - the name is an acronym from Beginner's All-purpose Symbolic Instruction Code....
for an Apple II
Apple II
The Apple II is an 8-bit home computer, one of the first highly successful mass-produced microcomputer products, designed primarily by Steve Wozniak, manufactured by Apple Computer and introduced in 1977...
.