Cirrus Hires Patel To Lead Quantitative Research

Apr 3 2017 | 10:28pm ET

Cirrus Research has hired veteran quantitative analyst Pankaj Patel to be its new head of quantitative research.

In his new role, he will work with Cirrus to develop quant models for large- mid- and small-cap markets usable by hedge funds, mutual funds, and institutional investors to build portfolios, the company said in a statement. He will also lead the expansion of Cirrus’s research in new segments of the market.

Patel brings more than 20 years’ experience developing data-driven models and strategies to Cirrus, and is recognized as one of Wall Street’s top-ranked quantitative analysts. Previously, he was a senior managing director and head of quant and small-cap research for Evercore ISI, and beforehand served as global head of quantitative research at Credit Suisse. While at CS, he developed quantitative products for institutional and hedge fund clients and collaborated with the MIT Sloan School of Business to create the first 130/30 index. Patel is a CFA charterholder. 

“We are thrilled to welcome Pankaj to Cirrus,” said Satya Pradhuman, Cirrus’s founder, CEO and director of research. “His quantitative research expertise in the large-cap space and experience engineering and building model portfolios will allow us to offer a more comprehensive menu of products and services.”

Founded in 2007, Cirrus Research offers a broad array of strategy and quantitative research driven by proprietary databases, analytical frameworks and rigorous modeling techniques. The firm’s product set is strategic in nature and utilizes both fundamental and quantitative data to provide unique findings for clients. The company’s clients active portfolio managers, hedge funds, fundamental and quantitative managers, research analysts, strategists, asset allocators, and risk managers at some of the largest global institutions primarily in the U.S.


In Depth

Q&A: Fund Administration Comes To The Cloud

Jul 14 2017 | 7:23pm ET

The fund administration sector has been steadily implementing new technology, such...

Lifestyle

CFA Institute To Add Computer Science To Exam Curriculum

May 24 2017 | 9:25pm ET

Starting in 2019, financial industry executives sitting for the coveted Chartered...

Guest Contributor

Rastegar: PE Real Estate Gains Momentum as Uncertainty Rises

Jul 21 2017 | 6:04pm ET

The steady march of equity markets and fundamental shift in the direction of Fed...

 

From the current issue of