Westport-based Pequot Capital Management, a superpowerful $7 billion hedge fund that is one of the nation’s largest, today announced that it has expanded its investment management team by adding two seasoned professionals.
The fund, which is based in the Nyala Farm office complex off of Greens Farms Road and I-95, said Michael M. Takata, co-founder and former general partner of Ulysses Partners, and Ramu Thiagarajan, a former managing director of Mellon Capital, have joined Pequot Capital as a managing director and a principal, respectively.
Pequot also announced today that Peter Dartley, former director of trading and a managing director of Pequot, has rejoined the firm as vice chairman and director of business development.
Employee-owned, Pequot Capital offers funds that focus on technology, health care services, and small-cap firms to institutional investors and wealthy individuals.
The announcement said Takata will work closely with Arthur J. Samberg, chairman and CEO of Pequot, and Michael Corasaniti, a managing director, who joined Pequot in September 2003 from Keefe, Bruyette & Woods where he was director of research, to help manage Pequot’s Core portfolios.
Thiagarajan will develop quantitative products for Pequot and bring his extensive knowledge of accounting to the firm, the company said.
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