Astant Global Management, a macro-focused alternative investment manager based in London, is gearing up to launch a new quantitative hedge fund strategy later this year which will leverage proprietary AI models, according to a report by Alternatives Watch.
The strategy, which will be built around Astant’s flagship AI model Phoenix, which uses advanced machine learning and deep learning techniques to analyse and trade on economic trends, geopolitical events, and market movements across various asset classes, including equities, bonds, currencies, and commodities.
Co-founded by Marcos Agustin and Fahd El Ghorfi, both students at Madrid’s IE Business School, Astant focuses on quantitative systematic investing, private debt, real estate, and private equity opportunities.
Astant currently manages approximately $5.44m, mostly on behalf of Moroccan agro-industrial company Diana Holding, and is reportedly aiming to reach over $38m in assets under management ahead of the new fund’s launch. Astant is also expecting to secure further seed capital from Madrid-listed investment bank Renta 4 Banco and Santander in early 2025.
