Igor Tulchinsky | |
---|---|
Born | 1966 (age 57–58) Minsk, Belarus |
Education | |
Occupation(s) | Investor, writer, philanthropist |
Igor Tulchinsky (born 1966) is an investor, entrepreneur, venture capitalist, author and philanthropist. [1] He is the founder, chairman and CEO of WorldQuant, a global quantitative asset management firm with over $7 billion in assets under management that he founded in 2007. [2] [3]
Tulchinsky was born in 1966 in Minsk, Belarus. [4] His parents were both professional musicians. [1] In 1977, the family immigrated to the US where Igor had the chance to learn more about finance and computer science. [5] [6] He holds an MS in computer science from the University of Texas, and an MBA in finance and entrepreneurship from the Wharton School of the University of Pennsylvania. [7] [8] [1]
Tulchinsky started his career in 1988 at AT&T Bell Laboratories, where he held the position of scientist for over three years. Prior to this, he spent time as a video game programmer. [1]
In the early 1990s, Tulchinsky worked as a trading strategist for Timber Hill (now part of Interactive Brokers), before moving to Millennium Management, an investment management firm that manages more than $57 billion in assets. [1] [9]
He spent 12 years at Millennium as a statistical-arbitrage portfolio manager [10] before he founded WorldQuant in 2007. [1] WorldQuant has a global workforce of more than 1,000 employees across 24 global offices, [11] with many locations in nontraditional financial centers, including Ramat Gan, Budapest, Mumbai, Ho Chi Minh City and Seoul. [1] [12] This is in line with Tulchinsky's stated belief that "talent is distributed equally around the world, opportunity is not." [1]
In 2014, Tulchinsky founded WorldQuant Ventures, an early-stage investment vehicle that invests in tech companies with a particular focus on data analytics and finance. [13] [14]
In 2014, Tulchinsky founded WorldQuant University, a US-accredited not-for-profit university, which offers an entirely free online master's degree in financial engineering and a data science module. [15] [1] [16]
In early 2018, Tulchinsky founded WorldQuant Predictive, an artificial intelligence platform company that sells predictive analytics to corporate clients. [1]
In 2017, Tulchinsky made a gift of $5 million to launch the WorldQuant Initiative for Quantitative Prediction at Weill Cornell Medicine. [17] This research initiative aims to enhance current methods used in precision medicine by combining molecular profiling with financial algorithms. [18] He is also a Board of Fellows member at Weill Cornell Medicine. [19]
In 2015, Tulchinsky published Finding Alphas: A Quantitative Approach to Building Trading Strategies, [20] and in 2018, he published The UnRules: Man, Machines and the Quest to Master Markets. [21] [22] In 2023, he released his third book The Age of Prediction: Algorithms, AI, and the Shifting Shadows of Risk, co-authored with Christopher E. Mason. [23] [24]
Tulchinsky has published material for and commented across various global organizations, publications and think-tanks, including the Financial Times , [25] The Wall Street Journal , [26] World Economic Forum, [27] [28] Milken Institute, [29] [30] Harvard Business Review , [31] Institutional Investor [32] and Fox Business. [33]
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