Delaware Investments, a subsidiary of the Lincoln Financial Group, has added a Quant pro to its ranks. The Philadelphia-based firm named David Starer to the post of senior quantitative analyst in charge of improving its quantitative investment models and management techniques.
Delaware recruited Starer from Jacobs Levy Equity Management, a Florham Park, N.J.-based quantitative equity manager with approximately $7 billion in assets under management. Jacobs Levy's client list includes pension programs, public retirement systems, foundations and endowments. There, Starer was responsible for developing quantitative equity research tools and forecasting models.
Delaware manages approximately $80 billion in assets, of which $16 billion is held in corporate and public pension plans and $3 billion in endowments and foundations.