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The views expressed herein do not constitute research, investment advice or trade recommendations, and do not necessarily represent the views of all AB portfolio-management teams and are subject to change over time.
The views expressed herein do not constitute research, investment advice or trade recommendations, and do not necessarily represent the views of all AB portfolio-management teams and are subject to change over time.
Scott Schefrin is the Portfolio Manager of the AB Hedge Fund Solutions’ Systematic Merger Arbitrage strategy. From 2011 to 2015, Scott worked at Magnetar Capital, where he served as a portfolio manager for the firm’s event-driven business and was a member of its investment committee. Prior to joining Magnetar, Schefrin was a senior managing director and head of merger arbitrage at Cantor Fitzgerald. From 1993 to 2008, he worked at Bear Stearns, where he was global head of the firm’s risk arbitrage, event-driven and capital structure arbitrage businesses from 2003. In this capacity, he served as portfolio manager of the firm’s $2.5 billion global proprietary portfolio and manager of its 35+ member professional team. From 2000 to 2005, Schefrin was also president and general partner of North Creek Partners, the investment advisor to the Bear Stearns Global Equity Arbitrage Funds ($675 million in AUM). He was also a senior managing director and a member of the President’s Advisory Council at Bear Stearns. Schefrin holds a BS from the University of Michigan and an MBA from Columbia Business School.
Eugene Smit is a Portfolio Analyst and Manager on the AB Hedge Fund Solutions (HFS) team within Multi-Asset. In this role, he conducts research on alpha and portfolio construction, and builds systems for portfolio management and monitoring. Smit has been the primary quantitative analyst for Merger Arbitrage and a member of the portfolio management team since its inception in 2018. Prior to that, he worked on the Equity Factor team, managing multiple global mandates. Smit joined AB as a member of the Technology Group in 2010, responsible for supporting equity quantitative research and the firm’s Investment Risk Oversight Group. He joined Multi-Asset in 2013 as the lead technologist supporting the Equity Factor team. Smit transitioned to quant research and portfolio management shortly thereafter. Prior to joining AB, he ran an e-learning start-up. Smit holds a BS in business from the University of Cape Town and is a CFA charterholder. Location: New York