Fri, Jul 30, 2021
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Industry Updates

AI Global Investors partners with Duo Reges Capital Management

Thursday, June 24, 2021
Opalesque Industry Update - Asset management firm AI Global Investors (USA) LLC, a subsidiary of Alpha Innovations Ltd. (AI), announced a partnership with Duo Reges Capital Management (Duo Reges), the latest team to join AIGI's New York-based asset management platform.

The Duo Reges team boasts an impressive background in data science garnered from leading technology firms including Amazon, Intel and Microsoft, and brings to bear a unique skillset which they have successfully employed over the past several years to mine alpha from public equity markets. Duo Reges is led by data science veteran Anand (Andy) Chakraborty.

"Andy and the Duo Reges team have a very specific methodology for employing alternative data in an uncommon way, allowing them to understand investor biases and use that knowledge to generate uncorrelated returns. They are a perfect example of the type of unique talent and differentiated approach to alpha generation which is the hallmark of AI strategies," noted Lawrence Newhook, Chief Investment Officer of AI.

Duo Reges will leverage the AIGI team and infrastructure to facilitate offering various investment strategies to US and offshore investors through both separately managed accounts and investment funds on AI-affiliated fund platforms. The current Duo Reges onshore fund will re-launch in Q3 2021 on AI's Laureates fund platform, with an offshore feeder to follow.

"We view our partnership with AIGI as a key element for the growth of our business. Their support and infrastructure allow us to keep focused on research and trading and generating strong returns for investors," stated Andy Chakraborty, CIO of Duo Reges. "Having AIGI's seasoned team of senior professionals behind us gives us an enormous leg up so we can scale quickly with institutional support."

AI Chief Operating Officer Nicole Biernat noted, "Investors have been generally disappointed with run-of-the-mill long/short equity strategies that have failed to generate compelling returns net of fees. We solely work with managers who can bring a clear value proposition to our investors."

"The novel approach employed by Duo Reges gives them a material leg up relative to traditional discretionary or quantitative long/short strategies," added Dr. Mark Antonio Awada, AIGI's Chief Risk and Investment Sciences Officer. "Andy's experience and success researching and trading human/machine behavioral biases is truly unique in long/short equity investing," added Dr. Awada.

What do you think?

   Use "anonymous" as my name    |   Alert me via email on new comments   |   
Today's Exclusives Today's Other Voices More Exclusives
Previous Opalesque Exclusives                                  
More Other Voices
Previous Other Voices                                               
Access Alternative Market Briefing


  • Top Forwarded
  • Top Tracked
  • Top Searched
  1. Distressed-debt funds get no love as credit problems disappear[more]

    From Bloomberg: Private debt investors are turning away from distressed funds amid shrinking opportunities to profit from troubled companies. Investors were less keen to put their money to work in funds that target distressed credits in the past quarter than a year ago, according to a poll of

  2. Investing: Cathie Wood's Ark Invest abandons Chinese tech stocks amid regulatory crackdown[more]

    From Business Insider: Cathie Wood's Ark Invest has slashed its exposure to Chinese tech stocks amid an ongoing regulatory crackdown, according to Ark's daily trading updates. Ark's flagship Disruptive Innovation ETF has seen its exposure to Chinese stocks fall to less than 1% from a high of 8

  3. SPACs: SEC abruptly kills Ackman's controversial SPAC plans, Bill Ackman rejigs Universal deal after regulators probe SPAC plan, SPAC-ing the Southeast Asia story, SPAC deals will rebound for remainder of 2021[more]

    SEC abruptly kills Ackman's controversial SPAC plans From Institutional Investor: The Securities and Exchange Commission has killed Bill Ackman's special purpose acquisition company's complicated plan to invest in Universal Music Group. On Monday, his SPAC, Pershing Square Tontin

  4. New Launches: Apollo investors look past Black-Epstein tie to back impact fund, Leeds Equity closes in on $1.25bn for its seventh buyout fund, Schroders Capital surpasses $389m for its fifth European infrastructure senior debt fund, Neuberger Berman closes NB Private Equity Impact Fund at nearly $280m, HSBC AM launches fintech venture capital strategy, Slate rounds up close to $600m for first credit fund, Trifecta Capital raises $130m for close of VC fund, Lumira Ventures closes on $255m of new capital to build transformative healthcare companies[more]

    Apollo investors look past Black-Epstein tie to back impact fund From Bloomberg: The backlash against Apollo Global Management Inc. over Leon Black's ties with sex offender Jeffrey Epstein is waning, with investors lining up to entrust the firm to manage investments dedicated to social

  5. Investing: Tiger Global: The technology investor ruffling Silicon Valley feathers, Addepar raised $150m from hedge fund D1[more]

    Tiger Global: The technology investor ruffling Silicon Valley feathers From FT: For the first 15 years of running Tiger Global Management, Chase Coleman wore a suit every day in the hopes that investors would look past his inexperience. Today, his firm faces a different kind of reputat