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Rank #112
Michael Platt
$15200.0B
Geneva, , United Kingdom
Finance & Investments
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 a 95% net return in 2020 after returns in the 50% range in 2016, 2017 and 2019.