Home News Briefs VC-backed Quantopian hires Baccini as IR director
VC-backed Quantopian hires Baccini as IR director
Iris Dorbian
Quantopian, a provider of an algorithmic trading platform and educational community, has appointed Leslie Baccini as director of investor relations. Previously, Baccini worked at The Boston Company. Quantopian's backers include Andreessen Horowitz, Bessemer Venture Partners, Point72 Ventures, Khosla Ventures and Spark Capital.
BOSTON – Quantopian, the free online platform for education and creation of institutional-quality investment algorithms, has hired Leslie Baccini as Director of Investor Relations.
Baccini comes to Quantopian with a background in hedge fund strategy communication and equity research sales.
"Leslie has a proven track record of success with investors," said John "Fawce" Fawcett, Founder and CEO of Quantopian. "As we prepare to manage external capital later this year, her skills will be critical in communicating with those investors who choose Quantopian to manage their money with the best of our crowd-sourced investment algorithms."
Baccini joins Quantopian from The Boston Company, where she was responsible for communicating the firm's hedge fund strategies to clients and prospective clients.
"I'm thrilled to be joining a company that is finding hidden quant talent globally, and fundamentally changing the hedge fund landscape." said Baccini. "With more than 120,000 members, Quantopian has developed a platform where quants from around the globe can gather to test their ideas and implement their theories to market."
Quantopian is the only company to offer a fully integrated, community-based platform with access to deep financial data, powerful research capabilities, university-level education tools, a backtester, and the opportunity to receive a capital allocation.
Quantopian's portfolio of investment algorithms is selected from hundreds of thousands of algorithms written by its members – including professors, finance professionals, research scientists, developers, and students.
Baccini received a bachelor's degree in finance from the University of Tennessee. She currently sits on the Board of Visitors at UMass Boston.
About Quantopian
Quantopian inspires talented people from around the world to write investment algorithms. They provide capital, data, education tools, and infrastructure to algorithm authors. Quantopian offers license agreements for algorithms that fit its investment strategy, and the licensing authors are paid based on their strategy's individual performance. Quantopian provides everything a quant needs to create a strategy and profit from it.
The company has received nearly $50 million in equity investments, including recently closing a Series C fund led by Andreessen Horowitz, and last year announced that it will manage up to $250 million from renowned investor Steve Cohen, beginning later this year.
Quantopian's community nearly doubled in each of the last three years, now with more than 120,000 members, including finance professionals, scientists, developers, and students from 180 countries. The members collaborate online and in person at regional meetups, workshops, and Quantopian's flagship QuantCon events in New York and Singapore. Quantopian provides members a research and development platform, which includes US equity pricing and corporate fundamental data for free. Members may also access a fast-growing catalog of premium datasets. To date, more than 5.5 million simulations have been run on Quantopian's platform. In September 2015, Quantopian began allocating proprietary capital to selected algorithms submitted by members. Later this year, Quantopian expects to begin allocating external capital toward these strategies.
For more information, visit www.Quantopian.com.