Panel Discussion: Data Science & the Future of Investing
9:10 - 9:55 | Friday, May 24
Though active asset managers have used quantitative techniques for decades, data science has presented them with new challenges and opportunities. In this session, three leaders representing different hedge fund perspectives will join a conversation to answer questions and discuss topics including:
- How are hedge funds leveraging data science to drive innovation and new strategies?
- How are investment strategies in public and private markets changing with the evolution of data science and modeling practices?
- What lessons and concepts from finance firms’ quant research experiences have been valuable to incorporate into the new data science regime? Conversely, what must hedge funds “unlearn” from their past ways of operating?
- What are some concrete tactics and techniques for integrating data science into your fund? Which of those can be applied to businesses outside of the finance sector?
- How to integrate data scientists with traditional analysts and portfolio managers.
Co-founder & Sr. Managing Director, Coatue Management
Thomas Laffont is co-founder at Coatue Management, L.L.C., where he is based in the Bay Area. He is responsible for launching and leading the firm’s private investments across both early stage and growth platforms. He is passionate about partnering with entrepreneurs to build enduring and impactful companies.
With a particular focus on technology that crosses over from Asia to the US and vice versa, Thomas founded Coatue’s annual East Meets West Conference. The conference is a preeminent global meeting ground for 150 of the most influential entrepreneurs, CEOs and investors to share insights with their counterparts across continents.
Prior to joining Coatue, Thomas spent 7 years at Creative Artists Agency in Los Angeles, where he focused on representing artists in Motion Picture and Television. He is a member of the Board of Tipping Point Community, an organization dedicated to fighting poverty in the Bay Area. He graduated from Yale College with a degree in Computer Science in 1997.
Head of Data Science, Coatue Management
Alex Izydorczyk leads the data science team at Coatue, overseeing the engineering and statistical teams’ process of integrating “alternative data” into the investment process. The team uses cutting edge methods from machine learning and statistics to digest and analyze a broad universe of data points to identify market and investing trends. Alex is also involved on the private investment side, particularly on topics of cryptocurrency and data science infrastructure. He graduated from the Wharton School at the University of Pennsylvania in 2015 with a degree in statistics.
Chief Market Intelligence Officer, Point72
Matthew Granade plays three critical roles at Point72 Asset Management reflecting his expertise in finance, advanced analytics, and technology:
- He oversees the Firm’s efforts to develop unique information assets for its investors as Point72’s Chief Market Intelligence Officer
- He directs the Firm’s central portfolio, which collects stock ideas from a broad array of sources and systematically monetizes them
- He manages Point72 Ventures, which funds early-stage companies in financial technology, enterprise automation, artificial intelligence, and cybersecurity as the fund’s Managing Partner
Before joining Point72 in 2015, Mr. Granade co-founded Domino Data Lab, a data science platform that model-driven firms use to accelerate research, increase collaboration, and deliver high-impact models. Mr. Granade currently serves on its Board of Directors.
Earlier in his career, Mr. Granade served as Co-Head of Research for Bridgewater Associates, where he built and led teams that developed insights on the global economy, created new algorithmic systems for capturing alpha, and published Bridgewater’s market commentary, Daily Observations.
He serves on the Boards of Directors of several private companies, including Say, Inc. and Quantopian, Inc.
Mr. Granade earned his A.B. from Harvard College, where he was President of The Harvard Crimson, and his M.B.A. from Harvard Business School, where he was a George F. Baker Scholar.