Ex-MF Global Exec. Readies Quant. Volatility Hedge Fund

Daniel Bystrom has been mulling a hedge fund launch for five years. But it took his employer’s collapse to make him take the plunge.
Bystrom, formerly head of equity derivatives trading at MF Global, and his partner, Neil Boyarsky, will launch a quantitative volatility hedge fund by the end of the month, with between $10 million and $20 million in initial capital from themselves, their families and friends. But it might not have happened were it not for MF Global’s bankruptcy in October. More in FinAlternatives here.