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Sterling Partners Quantitative Investments launches equity market neutral strategy

Thursday, January 10, 2019
Opalesque Industry Update - Sterling Partners Quantitative Investments, an investment manager specializing in a variety of quantitative alternative investment strategies, announced today the launch of its Equity Market Neutral Strategy. SPQI is an affiliate of Sterling Partners, a diversified investment management firm based in Chicago.

The Equity Market Neutral Strategy employs a diversified, market neutral, long-short equity strategy and uses systematic, quantitative methods to extract edge that is rooted in companies' financial fundamentals. The strategy is based on its founders' experience developing statistical trading and investing strategies.

The strategy is led by Chief Investment Officer Chris Dardanes, Chief Operating Officer Michael Schmitt, and Director of Research Alexander Pasman, who have previously managed various investment strategies at leading firms including UBS O'Connor, Van Buren Advisors and Citadel. Desmond Werthman oversees all strategies as President of SPQI.

Founded in 1983, Sterling Partners is backing SPQI with a substantial multi-year commitment of working capital to launch its strategies. Sterling has also contributed senior leadership in finance, legal and compliance, and human resources.

SPQI launched earlier this year as Sterling Partners shifted from its blind-pool, non-industry specific middle-market fund business into a multi-asset investment strategy platform. SPQI additionally manages a derivatives trading strategy.

"With decades of experience and a strong working relationship between them, we are thrilled with the launch of this partnership with Mike, Chris, and Alex," said Werthman.

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