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PDT Partners company history timeline

1993

PDT Partners started out as a proprietary trading division (called the Process Driven Trading Group) of multinational financial services corporation Morgan Stanley in 1993.

2010

According to Bloomberg, PDT's investments have returned an estimated annual average of more than 20 percent through 2010.

2011

In January 2011, Morgan Stanley announced that it would spin off PDT into a separate hedge fund in order to comply with the Dodd–Frank Wall Street Reform and Consumer Protection Act.

2012

In October 2012, it was announced that the Blackstone Group had put $500 million into PDT, but without seeking any equity in the hedge fund.

The spin-off began in 2012.

2013

In February 2013, it was announced that the fund had raised $2.3 billion in total and was beginning operations in London and Hong Kong in addition to New York City.

In 2013, the spin-off was complete.

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Founded
1993
Company founded
Headquarters
New York, NY
Company headquarter
Founders
Peter Muller
Company founders
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Zippia gives an in-depth look into the details of PDT Partners, including salaries, political affiliations, employee data, and more, in order to inform job seekers about PDT Partners. The employee data is based on information from people who have self-reported their past or current employments at PDT Partners. The data on this page is also based on data sources collected from public and open data sources on the Internet and other locations, as well as proprietary data we licensed from other companies. Sources of data may include, but are not limited to, the BLS, company filings, estimates based on those filings, H1B filings, and other public and private datasets. While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions or for the results obtained from the use of this information. None of the information on this page has been provided or approved by PDT Partners. The data presented on this page does not represent the view of PDT Partners and its employees or that of Zippia.

PDT Partners may also be known as or be related to PDT Partners, PDT Partners LLC and Pdt Partners.