Hedge fund Point72's new CTO: A Goldman Sachs partner that ran tech at Marcus
Senior Goldman technologists swapping banking for hedge funds is a trend as of late. Ken Griffin's hedge fund, Citadel, recently hired Goldman's CTO, Atte Lahtiranta and now Point72 has followed suit. A former partner and head of core engineering at the bank, Ilya Gaysinskiy, is joining Steve Cohen's hedge fund as its CTO.
Gaysinskiy was head of core engineering at Goldman Sachs until he left the bank in March. He joined Goldman Sachs in 2010 as a VP working in derivatives operations technology, then became one of its earliest technology fellows three years later. Two years after that, he made MD.
Gaysinskiy made partner in 2020. Since then, he has also assumed the role of head of consumer engineering and head of platform. In that role, he ran tech for Goldman's ill-fated consumer digibank project Marcus, which had one of the most modern tech stacks at the firm, but has since been dismantled. The bank also says he played a key role in "uplifting our cloud" platforms.
Point72 also hired an ex banking technologist for an executive role last year when it hired Ramin Safai of Jefferies. He was the bank's CTO and chief information security officer, and currently serves as the latter role in Point72.
Point72's previous CTO was Mark Brubacker, who left last November. The former global head of equities technology at Millennium also left Steve Cohen's baseball team, the New York Mets, where he was CTO too. Point72's head of equities technology Prem Krishnamoorthy has assumed an interim role since.
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