#128
Michael Platt
Overview
- Source of Wealth
- Hedge funds
- Industry
- Finance & Investments
- Residence
- Geneva
- Organization
- Founder at BlueCrest Capital Management
- Education
- London School of Economics (Bachelor of Arts/Science)London School of Economics (Bachelor of Arts/Science)
Biography
Michael Platt is the cofounder and CEO of BlueCrest Capital Management, which he started in late 2000 after nearly a decade at JP Morgan.
Platt built BlueCrest into one of the world's largest hedge fund firms; at its peak, it managed more than $35 billion in assets.
A push into equities and poor results led to investor exits and he returned outside investors' money in 2015, remaking BlueCrest into a family office.
The firm has flourished since then, generating returns as high as 153% in 2022 and 95% in 2020, with no years worse than 20%.