Tue, Jul 21, 2026
A A A
Welcome Guest
Free Trial RSS pod
Get FREE trial access to our award winning publications
Alternative Market Briefing

Polar Asset Management acquires hedge fund manager Castlefield Associates

Tuesday, May 13, 2025

Laxman Pai, Opalesque Asia:

Polar Asset Management Partners, a multistrategy hedge fund manager based in Toronto, has acquired Castlefield Associates, a relative-value systematic futures hedge fund manager founded in 2019 by Chris Schindler and partners.

According to a joint press release, over the past six years, Chris and the Castlefield team have developed a compelling quantitative and relative value strategy complementary to Polar's existing strategy set.

"In addition to welcoming the Castlefield team, Polar looks forward to continuing to develop a new systematic strategy vertical," the release said.

"Polar is a leader and an innovator in alternative asset management. Polar's unique platform, approach to its business, and its track record of attracting and welcoming new talent were key factors in our decision to join the firm," said Chris Schindler, founder and Chief Executive Officer of Castlefield.

Before founding Castlefield, Chris spent 18 years at the Ontario Teachers' Pension Plan (OTPP). While at OTPP, he helped develop and run the Global Systematic Investing (GSI) team, which applied over fifty unique quantitative/systematic models to identify investment opportunities in the main liquid futures markets (equities, fixed income, currencies, commodities) as well cash equities and volatility products, the statement added.

"We are pleased to welcome Chris and the Castlefield team to Polar. We have closely followed Castlefield's development over the ......................

To view our full article Click here

Previous Opalesque Exclusives                                  
Previous Other Voices                                               
Access Alternative Market Briefing

 



  • Top Forwarded
  • Top Tracked
  • Top Searched
  1. Other Voices: Nvidia extraordinary growth and the challenge of sustaining demanding valuations over time[more]

    Antonio Di Giacomo, Senior Market Analyst at XS.com, writes: Nvidia has established itself as one of the most extraordinary growth companies in the global technology sector. Over the past two fiscal years, its revenues have risen from levels close to $60 billion annually to well above $120 billi

  2. Secondaries take center stage: What the 2026 PE landscape means for GPs and investors[more]

    Matthias Knab, Opalesque for New Managers: The 2026 edition of Dechert's Global Private Equity Outlook - "Signs of a Gradual Thaw" - marks a notable shift in industry sentiment. After years of compr

  3. And, finally: Time to share it with the people[more]

    From Newsoftheweird: Leavenworth, Washington, has become a tourist destination because of the Bavarian theme businesses have adopted there, NPR reported. One shop, the Leavenworth Nutcracker Museum, houses the world's largest nutcracker collection, thanks to 101-year-old Arlene Wagner. Wagner sta

  4. Opalesque Exclusive: Private Markets Evergreen Funds - An Insider's View[more]

    Matthias Knab, Opalesque for New Managers: Private Markets Evergreen Funds: What Investors Need to Know Before They Dive In The democratization of private markets is well underway. Structural barriers t

  5. Opalesque Exclusive: Governance, Scale, and Boutique Resilience in a Consolidating Hedge Fund Industry[more]

    Matthias Knab, Opalesque for New Managers: The hedge fund industry has undergone significant consolidation in recent years, with capital increasingly concentrated among large multi-strategy platforms. Yet boutique m