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Bailey McCann, Opalesque New York for New Managers: New York-based Aethon Fund has launched with $50 million in investor capital and a focus on using AI to generate trading signals.
The fund is founded and led by George Kailas, who has spent two decades developing a systematic approach intended to identify what quantitative models consistently miss, and building AI-enabled signals to close the gaps. Most recently, he used the signal library he built to found Prospero.ai in 2019 - a retail investor intelligence platform with over 20,000 monthly active users - which has delivered forward-looking newsletter picks that have outperformed the S&P 500 by 7.5x since 2022. Earlier in his career, Kailas landed his first job at a hedge fund at age 17 and sold a mortgage prediction model to a $20 billion hedge fund at age 25.
"Most funds guess. We measure," said Kailas. "Aethon is the product of twenty years identifying what the models don't know and building signals to close those gaps. We're not a quant fund with a bigger data budget. We're a fund where the signals themselves are the moat, refined through years of real-world feedback loops."
Aethon runs numerous parallel trading strategies - spanning long, short, mean-reversion, momentum, and stealth-accumulation. Each is built and pressure tested by the investment team before any algorithmic execution. Rather than allocating capital equal...................... To view our full article Click here
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