HEDGE FUNDS Menta Capital co-founder leaves firm

MarketWatch- George Patterson, co-founder of Menta Capital LLC, said on Tuesday that he has left the San Francisco-based quantitative hedge fund firm.

Patterson started Menta in late 2006 with Asriel Levin and Laurent Dubois. The three were formerly portfolio managers at Barclays Global Investors, a unit of British bank Barclays PLC, which is one of the largest "quant" investment firms in the world.

Patterson said he left for personal reasons and remains an investor in Menta. He’s now looking for new opportunities in the investment-management business, but said he may consider positions outside of the $2 trillion hedge fund industry. Menta has roughly $750 million in assets, he said.

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