Jacob Weinig

Jacob Weinig General Information

Biography

Mr. Jacob Weinig served as Managing Director and the Co-Head of the Institutional Equities & Options business at Odeon Capital Group. He also serves as Board Member at GETTING OUT AND STAYING OUT. Prior to starting at Odeon in 2023, he was the Founding Partner and PM of Iceberg Capital and CEO of Iceberg Labs. He brings nearly 20 years' experience in the financial markets to Odeon and more than 9 years' experience in managing hedge funds, as before starting Iceberg, he previously founded and ran Malachite Capital Management, a global equity index volatility fund from 2013-2020. As portfolio manager at Malachite, he delivered double digit annual net returns through February 2020 before closing down later in the year due to drawdowns sustained related to the Covid-19 pandemic. Prior to Malachite, he spent over 9 years at Goldman Sachs, where he ran a Global Institutional Derivative Sales team, working with a variety of institutional investors, as well as hedge funds, and other asset managers. While at Malachite, he earned multiple awards including emerging manager of the year in 2014 and volatility hedge fund of the year in 2016 and 2017. He was named entrepreneur of the year by YJP Finance Network in 2016 and was later added to YJPs list of 40 Under 40. In 2019 he was inducted into the EQDerivatives Volatility Hall of Fame. He started a program called MalachiteGIVES that was able to raise over $3mm for charities during his tenure at Malachite. He currently serves on the board of directors for two New York City-based organizations; Getting Out and Staying Out (GOSO), which looks to help young men get out of jail and then thrive as members of the community, and Project Morry, which works to empower young people from under-resourced communities to envision and establish a positive future. Previously he served on the board of Project FAIR and on the investment committee for his alma mater, Ethical Culture School. He grew up in New York City and later attended Northwestern University where he graduated with a BS in Chemical Engineering.