Veteran quant trader Jeff Berton has made the leap from investment banking to hedge funds, joining multi-strategy major Millennium as Global Head of Equity Volatility Risk in New York, according to a report by eFinancialCareers.
Berton brings over two decades of experience in quantitative trading and risk management. He spent the last six years at Citi, where he led the firm’s Quantitative Index Strategies (CIS) team while also serving as North America Head of Exotics Trading.
Prior to that, he headed the Quantitative Investment Solutions (QIS) group at Credit Suisse and was previously Head of US Exotics Trading at JPMorgan.
According to FINRA’s BrokerCheck, Berton departed Citi in May 2023, though details of his time out of the market – likely a period of gardening leave – remain unclear. The exact timing of his move to Millennium has not been disclosed.
