STAMFORD, Conn.--(BUSINESS WIRE)--Point72 Asset Management (Point72) has appointed three people to the role of Sector Executive Officer (XO) in its Long/Short (L/S) equities business, Point72 President Doug Haynes announced today. The Firm also named XOs to two other key business units, Mr. Haynes said.
Point72 reorganized its L/S equities business into seven sector- and geographic-specific Operating Units last October: Old Economy/Materials (Industrials), Energy, Consumer/Retail/Finance (Consumer), Technology/Media/Telecom (TMT), Healthcare, Japan, and Hong Kong. Each sector is led by a Sector Executive (SE) and is assisted by an XO, compliance officer, risk leader, and research coordinator. The purpose of the reorganization was to streamline operations, increase management oversight of the investment process, and improve the quality of decision-making.
The SEs act as general managers for their units, supporting and supervising all portfolio managers (PMs) in their sectors, and are accountable for performance, oversight, and the professional development of their Sector teams. The XOs serve as the SE’s chief of staff, support and oversee all analysts in the Operating Unit, and help identify and develop the Firm’s next generation of investment talent.
Jessica Anderson, James Fontelieu, and Rachel Lewis will serve as the respective XOs for Point72’s TMT, Consumer, and Industrials Operating Units, and will report to the SEs for each sector. Matthew Katz will serve as the XO for Aperio, Point72’s Data and Analytics platform, and Annie Wang will be the XO for the Firm’s L/S Professional Development function.
“We took great care in selecting these five men and women because the XO position is integral to Point72’s L/S equities business as well as other key functions of the Firm,” Mr. Haynes said.
“Jess, James, and Rachel bring creativity, fresh perspectives, and leadership capabilities to their roles, and will work closely with our Sector Executives to strengthen the management and decision-making of our sectors. Matt and Annie bring those same qualities to Aperio and Point72’s L/S Professional Development units. The work of the XOs will immeasurably strengthen our Firm.”
Sector Executive Officer Biographies
Jessica Anderson – XO, TMT
Jess
Anderson joined the Firm in 2010 as a Director in the Business
Development group, responsible for helping Portfolio Managers hire
analysts for their teams. Jess previously worked at Morgan Stanley,
where she was a Vice President in the Equity Sales Group, and JP Morgan,
where she was an Investment Banking Associate covering Equity Capital
Markets. Jess received her MBA from Harvard Business School and her
Bachelors of Commerce from the University of Victoria in Victoria,
Canada.
James Fontelieu – XO, Consumer
Before
being named an XO, James Fontelieu was a Director in the Firm’s Due
Diligence group. James joined the Firm in 2008 from Bear Stearns, where
he was a Healthcare Equity Research Associate. James received his BS in
Finance from Virginia Tech.
Rachel Lewis – XO,
Industrials
Rachel Lewis worked closely with Point72’s Head of
Equities, Perry Boyle, on Portfolio Manager Professional Development
before she was named an XO. Rachel joined the Firm in 2011 from Credit
Suisse, where she was an Analyst in the Equity-Linked Origination group,
focusing on convertible bonds and equity derivative structured products.
Rachel earned her BBA from the Ross School of Business at the University
of Michigan.
Matt Katz – XO, Aperio
Matt
Katz was a Vice President in Point72’s Global Strategy group before
being named an XO. He joined the Firm in 2012 from Credit Suisse, where
he was an analyst focused on Strategy and M&A. Matt earned his BA in
Economics from Princeton University.
Annie Wang – XO, L/S Professional
Development
Annie Wang is a Vice President for Point72’s L/S
Professional Development function. Prior to joining the Firm in 2012,
Annie was an Investment Banking Analyst at Stifel Nicolaus Weisel
(formerly Thomas Weisel Partners), where she focused on M&A for TMT and
Cleantech companies. Annie earned her BS in Finance and Marketing from
New York University’s Stern School of Business.
About Point72 Asset Management
Point72 Asset Management is a family office managing the assets of its founder, Steven A. Cohen, and eligible employees. Point72 primarily invests in discretionary long/short equities and makes significant quantitative and macro investments. The Firm's long/short investment divisions are Point72 Asset Management and EverPoint Asset Management. Cubist Systematic Strategies is its quantitative business and Rubric Capital is its deep value, multi-strategy business. The Firm is headquartered in Stamford, Connecticut, and maintains offices in New York, Hong Kong, Tokyo, and Singapore. Point72 Asset Management, L.P. is a family office and does not seek, solicit or accept any external investments. www.Point72.com