AlphaGrep, a global quant trading firm, has announced the launch of a new investment arm called AlphaGrep Investment Management. Founded in 2010 by University of Pennsylvania alumni duo Mohit Mutreja and Parshant Mittal, AlphaGrep has its origins in high-frequency trading and has since expanded its expertise in the medium to low-frequency space. With a team of over 300 people across offices in Mumbai, Bengaluru, Gurugram, London, Singapore, Chicago, Dubai, and Shanghai, AlphaGrep has established itself as one of the leading domestic quant investment companies and is ranked among the top market participants by volume on domestic exchanges.
AlphaGrep’s new investment management arm aims to offer investors a differentiated investment experience, according to Mohit Mutreja, Chairman and Managing Director of AlphaGrep. Since AlphaGrep’s inception, we have extensively harnessed the power of technology and quantitative data analysis. With the launch of AlphaGrep Investment Management, we are excited to offer this expertise to external investors through differentiated investment products, Mutreja said in a statement.
Executive Director Parshant Mittal added that long-short funds have grown in popularity among high net worth investors, treasuries, and family offices, and that the company’s multi-strategy long-short quant fund is poised to deliver an enhanced investment experience to its clients.
AlphaGrep’s competitive advantage lies in its ability to attract the best industry talent with prior trading experience or data science qualifications from premier institutes, and the firm offers them an excellent career path as well.
According to data, Category III alternative investment funds (AIFs) are gaining traction and are expected to witness threefold growth in the short term to surpass Rs.1 lakh crore in assets under management (AUM). These growth numbers are reflective of investors’ demand for sophisticated products and the industry’s capability to cater to them.
Overall, AlphaGrep’s move into investment management is expected to be a successful one, as investors continue to seek out high-quality, differentiated investment products that deliver value and drive returns.
