NEW YORK, NY., May 16, 2017 — PivotalPath, a technology-driven hedge fund investment consultant, has announced the immediate availability of ‘Quality of Performance’ (PQP), a proprietary quantitative manager rating system across 1,300+ hedge funds, located on its technology platform, PivotalBase.
PQP systematically transforms existing quantitative insights into intuitive fund ratings presented across the firm’s platform. The algorithm measures the key qualities of suitable hedge fund manager performance within the context of its peers, ultimately empowering sophisticated clients to identify managers who employ a repeatable application of skillful methods. The utilization and application of PQP will enable dynamic and thoughtful fund comparisons and improve clients decision-making process.
“‘Quality of Performance’ focuses on the consistency of a manager’s process rather than past returns, creating a bias-free and predictive approach to provide clients with critical information and actionable intelligence,” said Viktor Ula, Managing Principal of PivotalPath.
“We are proud to announce our new capabilities, and recognize the contributions from Dr. Joshua Vogelstein, a recent appointment to our Board of Advisors, for helping to leverage big data analytics and machine learning to improve the firm’s proprietary technology capabilities, and further reliable assessments for our clients,” added Jonathan Caplis, Managing Principal.
In addition, PivotalPath has further expanded its breadth and depth of expertise with the recent appointment of Joel Katzman, the former President and CEO of J.P. Morgan Alternative Asset Management, to the Board of Advisors. Bringing over 25 years of investment consultancy experience, Mr. Katzman will provide PivotalPath’s clients with valuable counsel and help the company grow strategically.
Mark Doherty, Director of Research of PivotalPath, said: “It is an exciting time for PivotalPath and we are confident that Mr. Katzman’s rich knowledge and professional background will enable the firm to improve investment intelligence and due diligence.”
Founded in 2010, PivotalPath is a technology-driven consultant advising on $8 billion in hedge fund assets. PivotalPath works with RIAs, pensions, endowments and foundations, providing ratings and intelligence on 1,300+ distilled hedge funds to help its clients identify critical information and valuable knowledge regarding their hedge fund investments. PivotalPath integrates a global network of human source intelligence and quantitative expertise to offer hedge fund investors predictive and actionable insights to improve their overall investment decision process through a cloud based portal.
Joel Katzman Bio
Mr. Katzman has advised family offices and fund of funds on their hedge fund investments since 2005. From J.P. Morgan Alternative Asset Management inception in 1995 until his retirement in 2005, Mr. Katzman was responsible for developing and managing hedge fund of fund products for the firm’s institutional and private banking clients. Originally managing $7 million, he led to group to oversee more than $9 billion in assets under management with over 70 staff and investments in over 120 hedge funds. Mr. Katzman received a B.S. in Finance from the University of Connecticut and an M.B.A. from New York University.