New York City-based Ethic Inc, a tech-driven asset management platform for wealth advisers and institutional investors, has named Alex Papageorgis as its new head of quantitative investments. Previously, he worked at Goldman Sachs. Ethic’s backers include ThirdStream Partners, Nyca Partners, Kapor Capital and the Urban Innovation Fund.
NEW YORK (PRWEB) APRIL 11, 2019
Ethic Inc.(“Ethic”), the tech-driven asset management platform that powers sustainable solutions for wealth advisors and institutional investors, today announced the appointment of Alex Papageorgis as its new head of quantitative investments.
Based in the firm’s New York City headquarters, Papageorgis will work closely with Ethic’s investment, technology and sustainability teams to discover opportunities for enhanced efficiency and automation throughout the portfolio construction process. In this new role, he will oversee the creation, management and rebalancing of public equity portfolios using leading multi-factor modelling techniques.
Papageorgis joins the firm from Goldman Sachs, having spent his career to date working within its prestigious quantitative investment strategies (QIS) a group within the Investment Management Division. Most recently he served as a vice president within QIS’ Customized Beta Strategies (CBS) team, managing bespoke smart-beta, tax-efficient, environmentally and socially responsible portfolios for ultra-high-net-worth and institutional clients.
“Alex brings top-tier quantitative portfolio management expertise, and we’re thrilled to welcome him into the Ethic family,” said Doug Scott, Ethic co-founder and CEO. “He very much shares our commitment to accelerate the transition to sustainable investing, and we’re excited to have him help our clients achieve their sustainability, risk and return objectives.”
An alumnus of Rensselaer Polytechnic Institute, Papageorgis graduated summa cum laude with a bachelor’s degree in mathematics and economics. He added: “As my career has progressed, I’ve grown increasingly passionate about the potential for private capital to address some of the world’s most pressing issues. I am excited to now join this dynamic and nimble team, whose mission of accelerating the global transition to sustainable investing resonates strongly with me.”
Ethic is a tech-driven asset manager that powers the creation of custom sustainable equities solutions for wealth advisors and institutional investors. The company is backed by both respected institutional and impact investors including ThirdStream Partners, Nyca Partners, Kapor Capital and the Urban Innovation Fund. Ethic is an SEC Registered Investment Adviser based in New York City. Learn more about Ethic at ethicinvesting.com.