Igor Tulchinsky | |
---|---|
Born | 1966 (age 57–58) Minsk, Belarus |
Education | |
Occupation(s) | Investor, writer, philanthropist |
Igor Tulchinsky (born 1966) is an investor, entrepreneur, venture capitalist, author and philanthropist.[1] He is the founder, chairman and CEO of WorldQuant, a global quantitative asset management firm with over $7 billion in assets under management that he founded in 2007.[2][3]
Tulchinsky was born in 1966 in Minsk, Belarus.[4] His parents were both professional musicians.[1] In 1977, the family immigrated to the US where Igor had the chance to learn more about finance and computer science.[5][6] He holds an MS in computer science from the University of Texas, and an MBA in finance and entrepreneurship from the Wharton School of the University of Pennsylvania.[7][8][1]
Tulchinsky started his career in 1988 at AT&T Bell Laboratories, where he held the position of scientist for over three years. Prior to this, he spent time as a video game programmer.[1]
In the early 1990s, Tulchinsky worked as a trading strategist for Timber Hill (now part of Interactive Brokers), before moving to Millennium Management, an investment management firm that manages more than $57 billion in assets.[1][9]
He spent 12 years at Millennium as a statistical-arbitrage portfolio manager[10] before he founded WorldQuant in 2007.[1] WorldQuant has a global workforce of more than 1,000 employees across 24 global offices,[11] with many locations in nontraditional financial centers, including Ramat Gan, Budapest, Mumbai, Ho Chi Minh City and Seoul.[1][12] This is in line with Tulchinsky's stated belief that "talent is distributed equally around the world, opportunity is not."[1]
In 2014, Tulchinsky founded WorldQuant Ventures, an early-stage investment vehicle that invests in tech companies with a particular focus on data analytics and finance.[13][14]
In 2014, Tulchinsky founded WorldQuant University, a US-accredited not-for-profit university, which offers an entirely free online master's degree in financial engineering and a data science module.[15][1][16]
In early 2018, Tulchinsky founded WorldQuant Predictive, an artificial intelligence platform company that sells predictive analytics to corporate clients.[1]
In 2017, Tulchinsky made a gift of $5 million to launch the WorldQuant Initiative for Quantitative Prediction at Weill Cornell Medicine.[17] This research initiative aims to enhance current methods used in precision medicine by combining molecular profiling with financial algorithms.[18] He is also a Board of Fellows member at Weill Cornell Medicine.[19]
In 2015, Tulchinsky published Finding Alphas: A Quantitative Approach to Building Trading Strategies,[20] and in 2018, he published The UnRules: Man, Machines and the Quest to Master Markets.[21][22] In 2023, he released his third book The Age of Prediction: Algorithms, AI, and the Shifting Shadows of Risk, co-authored with Christopher E. Mason.[23][24]
Tulchinsky has published material for and commented across various global organizations, publications and think-tanks, including the Financial Times,[25] The Wall Street Journal,[26] World Economic Forum,[27][28] Milken Institute,[29][30] Harvard Business Review,[31] Institutional Investor[32] and Fox Business.[33]