What is it with Cerberus Capital Management and data scientists? - Particularly data scientists who once worked for JPMorgan? The private equity fund just hired another one, this time in the form of John Tang, the former chief data scientist at Barclays' UK Information Business.
Tang joined Cerberus last month according to a recent change to his LinkedIn profile. He previously spent just six months at Barclays after a six and a half year career at JPMorgan, latterly as head of analytics in corporate and investment bank (CIB) research.
Tang isn't the only Cerberus data scientist with a JPMorgan pedigree. Last year the fund also hired Len Laufer, the former head of JP Morgan's intelligent solutions team. Laufer has been recruiting his former colleagues after the intelligent solutions team was disbanded and dispersed across JPM business units. They should feel at home: Cerberus as a whole is run by Matt Zames, the former chief operating officer of J.P. Morgan.
In his new role, Tang will be head of advanced analytics for EMEA at Cerberus Technology Solutions. In November 2017, Cerberus hired Afsheen Afshar, another former JPMorgan data scientist, and tasked him with building a, 'full-scale front-to-back data and advanced analytics capability that can be leveraged by all businesses and portfolio companies touched by the entire firm.' Afshar left nine months later. Tang will presumably be picking up where he left off.
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