Quant hedge fund Seven Eight Capital is winding down a year after leaving Schonfeld

Seven Eight Capital

• Quant hedge fund Seven Eight Capital is winding down, according to people familiar with the matter.
• The fund managed around $500 million at its peak and traded for Schonfeld for many years.
• The funding is closing after large investors pulled capital, the people said.

Quant hedge fund Seven Eight Capital, which for many years invested money for Schonfeld Strategic Advisors, is winding down, according to people familiar with the matter.

Seven...