Key Takeaways
- • Quest Partners LLC has rebranded as AlphaQuest, a New York-based research-driven alternative asset management firm managing $2.2 billion on behalf of institutional investors, according to a Business Wire release dated January 29, 2025.
- • The rebrand aligns the firm's name with its flagship strategy, AlphaQuest Original, which targets strong absolute returns with positive skew.
- • AlphaQuest has formed a Strategic Advisory Board chaired by Robert K. Steel, Partner and Vice Chairman at Perella Weinberg Partners and former Goldman Sachs Vice Chairman.
- • The firm has doubled its investment and operational teams over the past 18 months to more than 45 professionals and will move to a new headquarters at 59th and Park Avenue in spring 2025.
Summary
Quest Partners LLC has rebranded as AlphaQuest, according to a Business Wire release. The firm, which manages $2.2 billion of assets for some of the world's largest and most sophisticated investors, said the name change reflects its alpha-driven approach to investing. AlphaQuest was founded in 2001 by Chief Investment Officer Nigol Koulajian. The firm began as a managed futures business and has broadened its offering to include equities, global macro and other asset classes, aiming to deliver incremental tail-risk arbitrage and portfolio protection strategies for global institutional allocators.
The rebrand aligns the firm's name with its flagship investment strategy, AlphaQuest Original, which is designed to generate strong absolute returns exhibiting positive skew. The release states that the firm has continually expanded its proprietary research to identify breakouts and breakdowns across global markets and to source hidden convexity within futures and FX, equities, alternative markets and other systematic strategies.
AlphaQuest has also formed an Advisory Board to counsel on investment management and operational matters. The board is chaired by Robert K. Steel, Partner and Vice Chairman at Perella Weinberg Partners, who spent nearly 30 years at Goldman Sachs, where he was Vice Chairman and a member of its Management Committee. Other members include Marcy Engel, former Chair of Sculptor Capital Management and former Partner, COO and General Counsel of Eton Park Capital Management; Jonathan Hitchon, former COO of Two Sigma Investments and former Chair of the Managed Funds Association; Wiet Pot, former co-CEO of IMC and former co-head of Goldman Sachs' Equities Division in Europe; and Todd Tibbetts, former CIO of MIO Partners, the investment subsidiary of McKinsey & Co.
Koulajian said the transition marks a pivotal milestone in the firm's 25-year history and reflects continued investment in research, technology and scope. He said the board will help expand investment strategies, enhance operations and increase capacity as the firm scales. Over the past 18 months, AlphaQuest has doubled the size of its investment and operational teams to more than 45 professionals. The firm will relocate to a new headquarters at 59th and Park Avenue in spring 2025.
The rebrand aligns the firm's name with its flagship investment strategy, AlphaQuest Original, which is designed to generate strong absolute returns exhibiting positive skew. The release states that the firm has continually expanded its proprietary research to identify breakouts and breakdowns across global markets and to source hidden convexity within futures and FX, equities, alternative markets and other systematic strategies.
AlphaQuest has also formed an Advisory Board to counsel on investment management and operational matters. The board is chaired by Robert K. Steel, Partner and Vice Chairman at Perella Weinberg Partners, who spent nearly 30 years at Goldman Sachs, where he was Vice Chairman and a member of its Management Committee. Other members include Marcy Engel, former Chair of Sculptor Capital Management and former Partner, COO and General Counsel of Eton Park Capital Management; Jonathan Hitchon, former COO of Two Sigma Investments and former Chair of the Managed Funds Association; Wiet Pot, former co-CEO of IMC and former co-head of Goldman Sachs' Equities Division in Europe; and Todd Tibbetts, former CIO of MIO Partners, the investment subsidiary of McKinsey & Co.
Koulajian said the transition marks a pivotal milestone in the firm's 25-year history and reflects continued investment in research, technology and scope. He said the board will help expand investment strategies, enhance operations and increase capacity as the firm scales. Over the past 18 months, AlphaQuest has doubled the size of its investment and operational teams to more than 45 professionals. The firm will relocate to a new headquarters at 59th and Park Avenue in spring 2025.
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