Rishi K Narang is the Founding Principal of T2AM and manages T2AM’s investment activities. Mr. Narang began his career as a Global Investment Strategist for Citibank Alternative Investment in 1996. He then co-founded Tradeworx, Inc., a quantitative hedge fund manager, in 1999 and acted as its President until his departure in 2002. For three years Mr. Narang was the co-Portfolio Manager and a Managing Director at Santa Barbara Alpha Strategies before founding T2AM, LLC in 2005. He is the author of Inside the Black Box: A Simple Guide to Quantitative and High-Frequency Trading. Mr. Narang organizes the Inside the Black Box ("ITBB") quantitative investing conference series. He is on the Board of Directors of Village Health Works, and is an Advisor to DARPA, Planet Labs, McKinley Capital, and Equeum. Mr. Narang completed his BA in Economics from the University of California at Berkeley.
Eric Cressman is T2AM’s COO and CCO. He is in charge of the operations and regulatory compliance of the firm, and manages operational due diligence and monitoring. After four years in traditional asset management operations, Mr. Cressman began his hedge fund career at Farallon / Bracebridge Capital, a fixed income hedge fund, as Operations Manager in 1997. He then became the Accounting Manager of SF Sentry, an equity and distressed debt hedge fund, until 2003. Before joining T2AM in 2005, Mr. Cressman was a Managing Director at Santa Barbara Alpha Strategies, where he ran back office operations. Mr. Cressman has a BA in Economics from Union College.
Ted Chang, CFA, CISSP, is the CTO for T2AM and in addition to managing all aspects of the firm’s technology, he conducts due diligence on the technology of quantitative managers as part of T2AM’s investment team. Mr. Chang began his career at Bank of New York in 2002, as Assistant Vice President in risk management where he focused on economic capital quantification. In 2005, he joined Perot Investments and worked for two spin-offs (a 2.7 billion multi-strategy hedge fund, and 1.5 billion RIA where he was a Partner and CTO) from Perot Investments where he was responsible for quantitative analytics and front office systems, including collaborating with a partner to implement their systematic equity volatility strategy. In 2011, he joined Passport Capital as an Investment Analyst, and became Head of Technology and Chief Information Security Officer before joining T2AM in 2018. Mr. Chang has a MS in Applied Mathematics from Columbia University, MS in Computational Finance from Carnegie Mellon University, and BS in Mathematics from Indiana University.
Julie Wilson is Head of Investor Relations at T2AM. She is responsible for all investor relations and marketing functions. Mrs. Wilson began her career at T2AM in 2005 as an Associate. She became an Analyst in 2007 and was responsible for due diligence on the people who manage quant trading strategies and management of the proprietary due diligence process utilized by T2AM. Mrs. Wilson has also been involved with operational due diligence, investment due diligence and monitoring, and firm operations and compliance. Mrs. Wilson completed her BA in Business Economics at University of California at Santa Barbara.
Timothy Long, CFA, is Senior Investment Analyst at T2AM, responsible for investment due diligence. Mr. Long began his hedge fund career in 2008, managing the electronic trading system and daily execution for market-neutral and enhanced indexed equity portfolios at Agoralogos. In 2010, he joined AdAstra Capital Management where he frequently led their due diligence process and analyzed a wide spectrum of investment strategies. Mr. Long has a MS in Financial Engineering from Claremont Graduate University.
Ankush Kohli is an Operation Associate at T2AM. He is responsible for providing operational support to the firm and assisting the COO. Mr. Kohli began his fund accounting career in 2007, managing the daily NAV production of 1940 Act Mutual Funds at State Street. In 2009, he joined J.P. Morgan where he oversaw daily operational functions associated with private equity funds, money market funds and mutual funds. In 2016, he joined Brown Brother Harriman as Supervisor. There he provided leadership guidance to his team while managing the daily operations for offshore funds and directing operational process improvements. Mr. Kohli completed his BS in Business Management from Western International University, and MBA/MSF from Northeastern University.
Nicole Prout is an Associate at T2AM. She assists the firm’s Founding Principal and provides administrative support to the firm. Prior to joining T2AM, she worked in the security and legal fields, most recently working at Silverman and Milligan LLP where she assisted in the management of the firm’s family law and complex litigation cases. Ms. Prout completed her BA in Business Economics at the University of California, Irvine.
Stephen P. Boyd is a Scientific Advisor to T2AM, assisting the firm with special research projects. Professor Boyd is the Samsung Professor of Engineering, and Professor of Electrical Engineering in the Information Systems Laboratory at Stanford University. He is a Fellow of the IEEE and SIAM, a Distinguished Lecturer of the IEEE Control Systems Society, and a member of the National Academy of Engineering. His current research focus is on convex optimization applications in control, signal processing, finance, and circuit design. Professor Boyd has authored and co-authored many research articles and three books: Convex Optimization, Linear Matrix Inequalities in System and Control Theory, and Linear Controller Design: Limits of Performance. His group has produced many open source tools, including CVX, CVXPY and Convex.jl, widely used parser-solvers for convex optimization. Professor Boyd has received many awards and honors for his research in control systems engineering and optimization, as well as numerous teaching awards. Most recently, he received the Walter J. Gores award, the highest award for teaching at Stanford University. At Stanford he has served as Director of the Information Systems Laboratory, Chair of the Library Committee, Chair of the David Packard EE Building Planning & Design Committee, and as a member of the Advisory Board. Professor Boyd received an AB degree in Mathematics, summa cum laude, from Harvard University in 1980, and a PhD in EECS from U. C. Berkeley in 1985. He also holds an honorary doctorate from Royal Institute of Technology, Stockholm.
Dave DeMers is a Scientific Advisor to T2AM, assisting the firm with special research projects. He has had an extensive career in quantitative finance and systematic portfolio management. In 1994, he joined the Prediction Company in Santa Fe, NM. Over six years he built statistical arbitrage systems for global equities, developed risk models and engaged in micro structure research. He was Prediction Company's first equity portfolio manager. In 2001, he founded Black Mesa Capital under the Paloma Partner's umbrella. Black Mesa focused on quantitative modeling and algorithmic trading for global equities. In 2006, Black Mesa became a hedge fund independent from Paloma. It's strong track record and compelling story led to nearly $1billion raised over the first 18 months, despite minimal press and marketing attention. Dave's focus on risk management and early-warning risk signals gained Black Mesa some notoriety for being one of the first firms to identify the August 2007 "quant quake", and successfully preserved investor capital. Black Mesa produced a net return of 13.7% in 2007. Although successfully navigating the 2008 crises as well, with a return of -4%, investors (needing liquidity) redeemed. After running +14% for 2009 but unable to attract new capital, Black Mesa closed in 2010. Dave then joined SAC Capital as a portfolio manager running an internal "alpha capture" center book. Dave fled New England weather to return to his native California in 2013. He spent a few years working for a family office, teaching Statistical Arbitrage at Stanford, advising a handful of FinTech firms and contemplating retirement, but has yet to commit. Dave most recently was the keynote speaker at the 2017 R/Finance conference. Dave graduated from Stanford with a degree in applied math, received his JD/MBA from UCLA, and earned a PhD in Machine Learning/Robotics from UC San Diego.