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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.

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