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Quest Partners hires former Investcorp CIO Kolluri

Wednesday, June 15, 2016
Opalesque Industry Update - Quest Partners LLC, a research driven quantitative investment firm announces the addition of Prashant Kolluri, a 20-year investing veteran, who joins Quest as President. Working in tandem with Founder and CIO Nigol Koulajian, Kolluri will focus on building the existing institutional client base, overseeing firm operations and further enhancing the firm’s propriety research and investing processes.

“As institutional investors increasingly seek specialists who offer differentiated sources of return and generate ‘true’ alpha, we have remained focused on continuing to invest in research, technology and most importantly our people,” said Koulajian. “We believe it is this commitment that has led to Quest’s success over the past 16 years. Prashant will play a vital role in strengthening our leadership team as we embark on our next phase of strategic growth.”

Quest takes a differentiated approach to classic trend following. Due to faster reactions to trends and a focus on positive convexity, the firm’s strategy typically benefits greatly when tail risk is most likely to materialize. This has resulted in strong absolute returns historically as well as an optimal diversifier, acting as a hedge to traditional equity, hedge funds and CTA portfolios.

“I am thrilled to be a part of such a talented, experienced and successful team that has adapted to varied market regimes while remaining consistent with their investment philosophy and principles” Kolluri noted. “I am confident we will continue to deliver world-class institutional investing solutions to meet the evolving needs of investors”.

Kolluri joins Quest after spending more than 15 years as Managing Director and CIO at Invescorp, where he helped build the firm’s hedge fund business comprising more than $4.7 billion in assets. Most recently, Kolluri was a founding member and President at Sterling Ridge Capital Management, which focused on long/short equity strategies. Kolluri was responsible for business development, operations and several investment-related initiatives.

Quest has grown significantly since inception on the foundations of deep proprietary research and a strong track record. The firm's AUM has grown to $650M (April 1, 2016). AlphaQuest Original (AQO), their flagship program, has annualized +13% since inception and annualized alpha of +11% to the S&P 500, as cited by BarclayHedge. The firm has attracted a high quality investor base, including some of the world's largest and most sophisticated institutional investors and pension funds.

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