ETFs & Mutual Funds
Former Tesla Executive McNeill Starts Money Manager to Run ETFs
- McNeill’s DVx registers VistaShares as an investment adviser
- VistaShares will run ETFs focusing on AI, electronification
Jon McNeill
Photographer: Christinne Muschi/BloombergThis article is for subscribers only.
Former Tesla Inc. and Lyft Inc. executive Jon McNeill is launching a firm that will run exchange-traded funds that focus on artificial intelligence and electrification.
McNeill, the cofounder of DVx Ventures, is teaming up with ETF industry pioneer Adam Patti to set up the new firm, VistaShares, according to a regulatory filing. DVx is known as a so-called hatch studio, creating its own companies from scratch instead of investing in those developed externally.