MILLBURN PRESS RELEASE
Soss is a member of Millburn’s Investment Committee and previously served alongside Grant Smith as co-CIO. With this promotion, Soss assumes full responsibility for Millburn’s investment functions, comprising research and development, modeling, portfolio construction, trading, and technology. While Grant Smith will relinquish his title as co-CIO with Soss’ announcement, Smith will retain his role on Millburn’s Investment and Executive Committees and continue as co-Chief Executive Officer alongside Barry Goodman.
Soss joined Millburn in January 2022. Before joining Millburn, Soss was employed at Point72 Asset Management in New York and Stamford, Connecticut, where he worked for more than five years in leadership roles spanning risk and trading research and most recently headed the firm’s Fusion group, a quant trading division focused on internal alpha capture. Prior to his time at Point72, Soss was an Executive Director at J.P. Morgan in New York. Soss’ other experience includes SECOR Asset Management, where he was Head of Equities, and Goldman Sachs, where he was a Trader and co-Head of Equity Systematic Trading.
Soss holds an AB in Mathematics from Harvard University and an MSc and PhD in Computer Science from McGill University in Montreal, Canada.
Smith comments: “Michael has contributed significantly over the years since joining in the development of our team, infrastructure, and research pipeline. The results have been continued differentiation of our investment returns. While I will remain very active as a member of the Investment Committee, I have full confidence in Michael’s ability to lead R&D efforts going forward. I believe the framework we have put together positions the firm well for the future.”
Soss adds: "I’m excited by the evolution of our capabilities and the path that our research has taken over the past three years. I'm optimistic that we can continue to build on these initiatives while furthering Millburn's long tradition of innovation.”
ABOUT MILLBURN
Millburn is an alternative investment manager with roots dating back to 1971. From the start, we have continually developed new quantitative techniques and approaches that sought more potent ways to capitalize on inefficiencies in global markets. We believe that with the right blend of economic insights, data, and technology, we can continue to accomplish this objective in new and innovative ways.
PRESS CONTACT
Graig Norden
Senior Manager, Marketing Communications
Millburn Ridgefield Corporation
gnorden@millburn.com