Quest Partners (Quest), a research driven quantitative investment firm has appointed Prashant Kolluri, a 20-year investing veteran, who as President.
Working in tandem with Founder and CIO Nigol Koulajian, Kolluri will focus on building the existing institutional client base, overseeing firm operations and further enhancing the firm’s propriety research and investing processes.
“As institutional investors increasingly seek specialists who offer differentiated sources of return and generate ‘true’ alpha, we have remained focused on continuing to invest in research, technology and most importantly our people,” says Koulajian. “We believe it is this commitment that has led to Quest’s success over the past 16 years. Prashant will play a vital role in strengthening our leadership team as we embark on our next phase of strategic growth.”
Quest takes a differentiated approach to classic trend following. Due to faster reactions to trends and a focus on positive convexity, the firm’s strategy typically benefits greatly when tail risk is most likely to materialise. This has resulted in strong absolute returns historically as well as an optimal diversifier, acting as a hedge to traditional equity, hedge funds and CTA portfolios.
“I am thrilled to be a part of such a talented, experienced and successful team that has adapted to varied market regimes while remaining consistent with their investment philosophy and principles” Kolluri noted. “I am confident we will continue to deliver world-class institutional investing solutions to meet the evolving needs of investors”.
Kolluri joins Quest after spending more than 15 years as Managing Director and CIO at Investcorp, where he helped build the firm’s hedge fund business comprising more than USD4.7 billion in assets. Most recently, Kolluri was a founding member and President at Sterling Ridge Capital Management, which focused on long/short equity strategies. Kolluri was responsible for business development, operations and several investment-related initiatives.
