Friday, December 1, 2023
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HomeINB EnglishAlphaGrep, a quantitative trading firm, appoints Bhautik Ambani as CEO of its...

AlphaGrep, a quantitative trading firm, appoints Bhautik Ambani as CEO of its domestic investment management arm

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AlphaGrep – a quantitative trading and investment management firm – has announced the appointment of a seasoned leader, Bhautik Ambani, as the Chief Executive Officer of AlphaGrep’s Investment Management unit in India. At AlphaGrep, Bhautik will be responsible for driving business growth, strengthening and expanding the firm’s domestic presence, and enhancing customer experience. Under his leadership, the company has launched AlphaGrep’s maiden AlphaMine Absolute Return Fund – Category III AIF (Alternative Investment Fund).

Prior to joining AlphaGrep, Bhautik was associated with Avendus Capital Public Markets Alternate Strategies LLP as Managing Director & Partner. He was also associated with Ambit Capital, Kotak Wealth Management, and Mirae Asset, in various capacities and positions of leadership.

Mohit Mutreja, Co-Founder and Chairman, AlphaGrep, said, “At AlphaGrep, we have always focused on bringing exceptional talent under one roof. In pursuit of superior investment outcomes and long-term consistent performance, the team consisting of data scientists, engineers, and investment professionals, work together to build world-class trading technology and quantitative investment products. We are currently on our growth trajectory for our investment management business and it is our pleasure to have Bhautik join us at this exciting time.”

“He is known for his leadership abilities and business growth initiatives. We are glad that he is leading our investment management arm in India. On the back of his deep understanding of the business environment, investment landscape, leadership skills, and passion for growing and expanding the business, we are best positioned to respond to the growing demand for sophisticated investment products and professional client service,” he added. 

Bhautik Ambani, Chief Executive Officer, AlphaGrep Investment Managementsaid, “I am excited to be a part of one of the fastest-growing investment firms. With a combination of talent, technology, analytics, and global scale – we expect to strengthen the company’s position in the PMS & AIF space, harness quant investment strategies, and generate good investment experience for our stakeholders.”

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