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Former Capital Group and Goldman Sachs Execs Launch AI Asset Manager Poesis

1 report, 1 independent Updated Wed 00:00
AI-generated briefing. Brind wrote this from the reports listed below. It can be wrong. Each section says how much you can rely on it, and the sources are linked so you can check.

What happened

Some supportReported by 1 outlet

Alex Popa and Charles Elkan founded Poesis, a Menlo Park-based asset manager. The firm’s flagship strategy, AI Clarity, invests in 80 to 100 U.S.-listed large-cap stocks with a targeted holding period of about three years. AI agents use quantitative models to conduct research and generate trade proposals, while Popa and the investment team set the risk framework and approve every trade before execution.

From hedgeco.net

Why it matters

Some supportBrind's analysis of the reports

Poesis operates with a dual mandate, aiming for equity upside while using a dynamic beta overlay to reduce losses in downturns. The firm charges a 1% management fee and a 20% performance fee, entering the asset management market with a technology-driven approach.

From hedgeco.net

Who's involved

  • PopaCo-founder and former partner at Capital Group
  • ELKANCo-founder and former global head of machine learning at Goldman Sachs

Who could feel it

Possible knock-on effects

These are possibilities Brind reasoned out, not predictions, and not advice. Most are not stated in any report.

  • Capital GroupSpeculative

    Capital Group might face increased competitive pressure from the new asset manager.

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The entities involved

Coverage

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