Ex-Weiss, UBS Execs Prepping Launch of New Multi-Strategy Hedge Fund

Long-time Weiss Multi-Strategy Advisors executive Rick Doucette is reportedly planning to launch a new hedge fund with former UBS prime brokerage specialist Gerry Polizzi. The new fund will be a multi-strategy vehicle named Antecapio Investment Partners, according to a Reuters article citing the two men. Doucette left $1.4 billion Weiss, where he was COO as well as president of holding company George Weiss Associates, at the end of last year. Polizzi, meanwhile, was with UBS's prime brokerage operation since 2002 and had previous stints at Credit Suisse and Pershing. The new firm will utilize of both quantitative and discretionary trading strategies, according to Polizzi's LinkedIn profile, as well as incorporate artificial intelligence and machine learning in its investment processes.