Internship

2025 Summer Internship

Technology

Confirmed live in the last 24 hours

Verition Fund Management

Verition Fund Management

51-200 employees

Multi-strategy hedge fund for investments

No salary listed

New York, NY, USA

Category
Algorithm Development
Quantitative Research
Quantitative Finance
Required Skills
Python
Java
AWS
Requirements
  • Bachelors or Masters candidate in computer science, data science, or related field of study.
  • Experience in Python, Java, database technologies and AWS.
  • Experience with a prior technical internship.
  • Excellent written and verbal communication skills.
  • Strong attention to detail and a high level of accuracy.
  • Demonstrated interest in hedge funds/financial services.
  • Intellectually curious, self-motivated and collaborative.
Desired Qualifications
  • Experience with other programming languages a plus.
Verition Fund Management

Verition Fund Management

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Verition Fund Management is a hedge fund that employs multiple investment strategies to manage assets for institutional investors, such as pension funds and high-net-worth individuals. The firm focuses on various strategies including Credit, Fixed Income Macro, Convertible Volatility Arbitrage, Event Driven, Equity Long Short Capital Markets, and Quantitative Strategies. Verition allocates capital dynamically to take advantage of changing market conditions, aiming to generate absolute returns for its clients. The company differentiates itself from competitors through its collaborative work environment and a strong emphasis on risk management, utilizing both internal and external analyses to maintain disciplined investment practices. Verition's goal is to provide consistent returns while fostering a culture of creativity and cooperation among its team.

Company Size

51-200

Company Stage

N/A

Total Funding

$1.4B

Headquarters

Greenwich, Connecticut

Founded

2008

Simplify Jobs

Simplify's Take

What believers are saying

  • AI-driven trading strategies enhance Verition's quantitative strategies and decision-making.
  • Alternative data sources offer new insights for Verition's multi-strategy approach.
  • Digital assets and cryptocurrencies provide diversification opportunities for Verition's investment strategies.

What critics are saying

  • Emerging hedge funds using AI may outperform Verition's traditional strategies.
  • Regulatory scrutiny could increase operational costs for Verition.
  • Volatility in cryptocurrency markets presents risks without a clear strategy from Verition.

What makes Verition Fund Management unique

  • Verition employs a multi-strategy, multi-manager investment platform for diverse global investments.
  • The firm focuses on dynamic capital allocation to exploit fluid market conditions.
  • Verition fosters a collaborative environment that encourages creative investment ideas.

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Benefits

Remote Work Options

Company News

ETF Daily News
Mar 31st, 2025
Revolution Medicines, Inc. (NASDAQ:RVMD) Shares Purchased by Corebridge Financial Inc.

Verition Fund Management LLC acquired a new stake in Revolution Medicines in the 3rd quarter worth about $645,000.

ETF Daily News
Mar 30th, 2025
American Century Companies Inc. Acquires 175,059 Shares of Marten Transport, Ltd. (NASDAQ:MRTN)

Finally, Verition Fund Management LLC purchased a new stake in Marten Transport in the third quarter worth $216,000.

ETF Daily News
Mar 19th, 2025
AlphaQuest LLC Sells 12,668 Shares of Arcturus Therapeutics Holdings Inc. (NASDAQ:ARCT)

Finally, Verition Fund Management LLC acquired a new stake in Arcturus Therapeutics in the 3rd quarter worth approximately $420,000.

MarketBeat
Mar 11th, 2025
Atb Cap Markets Issues Positive Estimate for VET Earnings

Verition Fund Management LLC purchased a new stake in Vermilion Energy in the third quarter worth approximately $555,000.

Defense World
Mar 10th, 2025
Proficio Capital Partners LLC Purchases Shares of 11,591 Terreno Realty Co. (NYSE:TRNO)

Verition Fund Management LLC purchased a new stake in Terreno Realty in the 3rd quarter valued at $225,000.