John Timotheou Joins SummitTX Capital as Chief Technology Officer

FORT WORTH, Texas--(BUSINESS WIRE)--SummitTX Capital, L.P., the multi-strategy, multi-manager hedge fund based in Fort Worth, Texas, today announced the appointment of John Timotheou as Chief Technology Officer. In this role, Timotheou will oversee all aspects of firm-wide technology strategy, including infrastructure, cloud initiatives, AI, and development. He will play a key role in driving innovation and ensuring that SummitTX’s technology capabilities continue to support and enhance the firm’s investment process.

Timotheou most recently served as Head of Tech Strategy & Enterprise Services at Balyasny, where he led strategic decision-making, optimized back-office systems, centralized product management and delivered a smart desktop solution that enhanced investment workflow. Prior to that, he served as Balyasny’s Chief Technology Officer, overseeing the firm's rapid growth in technology and scaling the team by 50%, as well as delivering infrastructure to support new strategies and asset classes.

Before Balyasny, Timotheou spent 15 years at Point72 / SAC Capital, holding several senior technology roles across front-office and corporate functions.

“As we continue to scale our business, adding John to the leadership team will ensure that our systems support SummitTX’s continued growth and momentum,” said Caroline Cooley, Chief Investment Officer and Managing Partner of SummitTX Capital.

“John’s deep experience in enterprise technology, infrastructure, and data platforms will be instrumental in advancing our firm’s technology strategy. We look forward to his leadership as we continue expanding and optimizing our platform for the future,” added Brian Peller, Chief Operating Officer of SummitTX Capital.

Timotheou will be based in SummitTX’s New York City office.

About SummitTX Capital, L.P.

Founded in 2015, SummitTX Capital is an open-architecture multi-manager, equity-oriented multi-strategy hedge fund manager. SummitTX manages over $3 billion across three investment solutions, harnessing the same investment process and portfolio. Each solution has a unique risk/reward profile.

SummitTX currently utilizes 1) Fundamental, 2) Tactical, 3) Quantitative, and 4) Capital Markets investment strategies. In addition, SummitTX employs an Office of the CIO portfolio implementing upsizing, alpha capture, and hedging/portfolio overlays to manage market and factor exposures. SummitTX is headquartered in Fort Worth, Texas, and has a significant office in New York. For more information, please visit www.SummitTXCapital.com.