PDT Partners
Investment ManagementNew York, United States201-500 Employees
PDT Partners, short for Process Driven Trading, is an investment management firm founded in 1993 by Peter Muller as a proprietary trading unit within Morgan Stanley; it spun out as an independent firm in 2013 after demonstrating a lengthy track record of identifying market inefficiencies. The firm relies on a quantitative, scientific, systematic, and model-driven approach to investing. Its leadership comprises founder and CEO Peter Muller and a small group of managing partners who oversee a team of scientists, engineers, and professionals based in New York and London, with its base in New York. PDT operates in the investment management industry and applies rigorous, research-driven methods to trading decisions in the financial markets. A 2025 development noted in news indicates an expansion of its offices in New York.