Chicago, IL (PRWEB) January 31, 2012
PEAK6 Investments, L.P., a leading financial institution based in Chicago with businesses spanning the proprietary trading, investment advisory, and online brokerage space, announced today that former UBS AG executive Joseph Scoby has been hired as the new Chief Executive Officer and Chief Investment Officer of PEAK6 Advisors LLC, its investment advisory unit.
“We are incredibly excited that Joe joined us as CEO and CIO of PEAK6 Advisors,” said Brad Goldberg, President of PEAK6. “We wanted a leader with deep experience to drive continuous improvement in our investment processes, as well as help us broaden into new areas. Joe’s expertise in risk management and fostering growth through technology innovation, combined with a disciplined investing approach, makes him the perfect choice to lead the Advisors group.”
PEAK6 Advisors benefits from the cutting-edge technology developed by PEAK6, which has developed sophisticated technology platforms for its trading efforts. “At the core of PEAK6 success is its technology. And by taking advantage of that technology, the Advisors group is well-positioned for unprecedented growth,” said Mr. Goldberg.
Mr. Scoby, 46, co-headed UBS Investment Bank's U.S. equities arm before overseeing UBS’ Alternative and Quantitative Investments group. He also served for much of 2008 as the Group Chief Risk Officer for UBS and was on the UBS Group Executive Board. At PEAK6, Mr. Scoby will re-join his former colleagues, PEAK6 co-founders Matthew Hulsizer and Jenny Just, all of whom began their careers at O'Connor & Associates. “I’m very excited to be joining PEAK6 Advisors,” said Mr. Scoby. “I believe there is significant opportunity here and I am eager to leverage my expertise to help drive the business to the next level of success.”
PEAK6 Investments, L.P. (http://www.peak6.com) is a leading financial institution with headquarters in Chicago, and offices in Seattle, New York and San Francisco. Established in 1997, PEAK6 has a demonstrated track record of success in proprietary trading, retail brokerage, technology innovation and risk management. PEAK6 focuses on innovation, execution prowess and nurtures a highly dynamic, entrepreneurial culture.
Peak6 Investments, L.P.