Quantopian, a free online platform for the education and creation of institutional-quality investment algorithms, has hired Marc Volpe as chief financial officer (CFO).
Volpe has an extensive background in hedge funds, accounting, compliance, strategic planning, and risk management.
"Marc is joining us as we prepare to manage external capital in early 2017," says John Fawcett, founder and CEO of Quantopian. "Marc's skills and background will help us in our efforts to provide the highest returns that we can for our investors, and through those returns, a growing stream of payments to selected algorithm authors from our community."
Volpe will oversee the financial, administrative and risk management operations of the company, the record-keeping, and provide performance reporting to the company’s clients and end investors.
"The Quantopian team and the Quantopian community are changing the way that quantitative investments are made. I'm thrilled to join the team and help launch a new way to invest," says Volpe.
Before joining Quantopian, Volpe worked for three years as the chief financial officer of Fort Warren Capital Management, where he assisted in the launch of that firm’s hedge fund in 2014. He also served as the chief compliance officer at Regiment Capital, a multi-billion dollar credit hedge fund adviser located in Boston, and was a manager in the audit practice at PricewaterhouseCoopers, where he began his career in 1997.
