First Quadrant

First Quadrant

First Quadrant Logo

Founded

1988

AMG Affiliate Since

1996

Investment Discipline

First Quadrant specializes in alternative approaches to global investing. Employing a highly disciplined, risk-controlled approach designed to deliver consistent, long-term results, the firm adds value by combining a rigorous analysis of macroeconomic fundamentals with a thorough understanding of the dynamics that drive shifts in investor preferences for assets.  First Quadrant offers solutions aimed at diversifying returns, return enhancement and risk mitigation in the following areas: macro, currency, commodities, volatility-based, long-only equities, long/short equities, multi-asset, tax management, tail-risk management and inflation protection.


The Firm

Established in 1988, First Quadrant provides investment management services to institutional clients around the globe, including corporate and public pension and profit-sharing plans, foundations and endowments, mutual funds, NDTs, trusts, estates, charitable organizations, private (unregistered) funds, state or municipal government entities, and foreign governments. 

First Quadrant's leadership team includes Max Darnell, Chief Investment Officer; Dori Levanoni, Investments; Jeppe Ladekarl, Investments; Ed Peters, Investments; Jia Ye, PhD, Investments; Joel Brouwer, Chief Financial Officer; Chuck Quon, Human Resources; Jim Tufts, Chief Operating Officer; and Scott England, Chief Technology Officer.

Investment Strategies

  • Diversifying - Macro; Currency; Commodities; Volatility
  • Return-Seeking - Long-Only Equities; Long/Short Equities; Multi-Asset
  • Risk Mitigating - Currency Management; Tail-Risk Hedging; Inflation Protection; Tax Management

Investment Vehicles

  • Separate Accounts
  • Private Funds
  • UCITS
  • U.S. Mutual Funds
  • Australian Funds

Assets Under Management

Macro and Currency 63%
Equities 19%
Asset Allocation 12%
Commodities 5%

Percentages may not sum to 100% due to rounding; approximate breakdown subject to change.

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