Systematic Hedge Fund

Capital Fund Management (CFM)

Capital Fund Management (CFM) is one of Europe's oldest and most respected quantitative investment firms, managing more than $30 billion in assets (July 2026). Founded in 1991 by Jean-Pierre Aguilar and Bruno Combier, and led scientifically by physicist Jean-Philippe Bouchaud, CFM uses scientific research methods to develop trading strategies. They are known for their strong academic ties, with many employees publishing research in top journals. CFM trades across equities, futures, FX, and other instruments using systematic approaches.

Founded 1991

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Capital Fund Management (CFM): Careers Guide 2026

Capital Fund Management (CFM) explained: the Paris quant fund built by physicists, now managing $30bn+, what it trades, how it hires researchers and engineers, and what to prepare.

Headquarters
Paris, France
Employees
350+
Entry-Level Pay (est.)
$150K – $250K
Senior Pay (est.)
$250K – $500K

Roles at Capital Fund Management (CFM)

Quantitative ResearcherSoftware EngineerData ScientistResearch Scientist

Key Skills Required

PythonC++MathematicsPhysicsMachine Learning

How to Get Hired

CFM recruits from top research institutions and universities, particularly in France and Europe. They value PhDs in physics, mathematics, and computer science. Their interview process involves research presentations, mathematical problem-solving, and coding assessments. They offer internships and full-time positions for researchers and engineers.

View open roles at Capital Fund Management (CFM)Practise Interview Questions

Compensation at Capital Fund Management (CFM)

Bands below are industry estimates from aggregated public signals—not confirmed by Capital Fund Management (CFM). Actual offers depend on role, office, performance, and year.

Entry-Level / Graduate (estimated total)
$150K – $250K
Typically base plus bonus; varies widely
Senior / Experienced (estimated total)
$250K – $500K
Typically base plus bonus; varies widely
Source: Glassdoor
UK quant salary guide →US quant salary guide →

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