BlueCrest Capital Management

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BlueCrest Capital Management
Formation2000; 18 years ago (2000)
FounderWilliam Reeves
Michael Platt
SubsidiariesSystematica Investments

BlueCrest Capital Management is an American hedge fund which was founded by American William Reeves and Brit Michael Platt in 2000.[1] The New York City-based company has registered offices in London, New York City, Boston, Geneva, Connecticut and Singapore.[2] BlueCrest Capital Management is Europe’s third-biggest hedge-fund firm, managing over £30 billion.[3] The firm's employees are estimated to number c.600.[4]

Forbes estimated Platt's net worth to be US$3.5 billion in 2015.[5]


In 2014, Bluecrest spun off $8.2bn worth of assets into a new company, Systematica Investments, run by Bluecrest employee, Leda Braga. CNBC has referred to Braga as "the most powerful woman in Hedge Funds", earning in excess of US$50m annually.[6][7]

In 2015, Bluecrest announced its plans to return all outside capital to investors and transition into a private investment partnership that would manage money for its partners and employees.[8][9]

In 2017, the company increased its investment in FedEx by 128.9%.[10]


  1. ^ "Michael Platt And William Reeves Bio, Returns, Net Worth". Insider Monkey. Retrieved 8 February 2013.
  2. ^ "Company Overview of BlueCrest Capital Management Limited". Businessweek. Retrieved 8 February 2013.
  3. ^ Westbrook, Jesse (Dec 2013). "Man Who Said No to Soros Builds BlueCrest Into Empire". Bloomberg. Bloomberg. Retrieved 27 August 2014.
  4. ^ "BlueCrest Capital Management".
  5. ^ Liyan Chen. "Michael Platt". Forbes.
  6. ^ "Leda Braga".
  7. ^ Nathan Vardi. "Leda Braga - In Photos: The 40 Highest-Earning Hedge Fund Managers". Forbes.
  8. ^ Stevenson, Alexandra; Goldstein, Matthew (2015-12-01). "BlueCrest to Close Hedge Fund and Refund Outside Investors". The New York Times. ISSN 0362-4331. Retrieved 2017-08-09.
  9. ^ "Hedge fund firm BlueCrest Capital Management to go private". Reuters. 2015-12-01. Retrieved 2017-08-09.
  10. ^ Peregrin, Tatum (2017-11-08). "BlueCrest Capital Management Ltd Boosts Position in FedEx Corporation (FDX)". The Ledger Gazette. Retrieved 2017-11-10.

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