LEADERSHIP

MARCOS LÓPEZ DE prADO

Marcos López de Prado is a hedge fund manager, entrepreneur, inventor, and professor. He has helped modernize finance for the past 25 years, by pioneering machine learning and statistical inference methods, and by implementing the Big Science paradigm of national laboratories at some of the largest investment corporations. In recognition of this work, Marcos has received various scientific and industry awards, including the National Award for Academic Excellence (1999) by the Kingdom of Spain, the Quant Researcher of the Year Award (2019) by Portfolio Management Research, the Buy-Side Quant of the Year Award (2021) by Risk.net, and the Bernstein Fabozzi / Jacobs Levy Award (2024) by The Journal of Portfolio Management. Since 2018, SSRN has ranked him as the most-read author in Economics.

Marcos serves currently as global head of quantitative research and development at the Abu Dhabi Investment Authority (ADIA), one of the largest sovereign wealth funds, and is a founding board member of ADIA Lab, Abu Dhabi's center for research in data and computational sciences. Before ADIA, he founded True Positive Technologies LP (TPT), a firm that researches and develops investment IP. TPT has advised clients with a combined AUM in excess of $1 trillion, and has licensed and sold several patents to some of the largest investment funds in 8-figure dollar deals. Before TPT, Marcos was a partner and the first head of machine learning at AQR Capital Management. He also founded and led Guggenheim Partners’ Quantitative Investment Strategies business, where he managed up to $13 billion in assets, and delivered an audited risk-adjusted return (information ratio) of 2.3.

Concurrently with the management of multibillion-dollar funds, since 2011 Marcos has been a research fellow at Lawrence Berkeley National Laboratory (U.S. Department of Energy, Office of Science). He has published dozens of scientific articles on financial machine learning and statistical inference in the leading academic journals, is a founding co-editor of The Journal of Financial Data Science, and has testified before the U.S. Congress on AI policy. Marcos is the author of several popular graduate textbooks, including Advances in Financial Machine Learning (Wiley, 2018), Machine Learning for Asset Managers (Cambridge University Press, 2020), and Causal Factor Investing (Cambridge University Press, 2023). Marcos earned a PhD in financial econometrics (2003), and a second PhD in mathematical finance (2011) from Universidad Complutense de Madrid. He completed his post-doctoral research at Harvard University and Cornell University, where he is a professor. Marcos has an Erdős #2 (via Neil Calkin) and an Einstein #4 according to the American Mathematical Society.

KRISTIN BOGGIANO

Kristin Boggiano is a member of TPT’s executive team, and an adviser to the firm’s board.  Prior to TPT, Kristin was a Managing Director with Guggenheim Partners, where she built the operational and legal platforms for Quantitative Investment Strategies. Kristin also produced regulatory reports for Guggenheim’s Executive Committee on regulations that would have a material impact on Guggenheim’s asset management, insurance and broker-dealer arms, coordinating with regulators in Washington DC. Kristin has been actively involved in the rule making process domestically and internationally throughout her career.  Kristin is a regular lecturer at universities, trade organizations, and other forums and writes articles about a variety of financial and regulatory law topics. She is an investor and advisor to multiple start-up entities. 

Kristin was also Special Counsel at Schulte Roth & Zabel, where she structured complex financial products, launched private businesses, and provided regulatory advice (from the start-up managers to managers with a trillion plus in assets). She also worked at Merrill Lynch on the derivatives desk structuring credit and equity products, beginning her career with roles at the Commodity Futures Trading Commission (CFTC) and the Securities Exchange Commission (SEC).

Kristin is also the founder of Women in Derivatives, Inc. (WIND), a global non-profit with more than 6,000 members and a mission to educate and develop women leaders. She earned her law degree and M.B.A. from Northeastern University and her B.A. from Sarah Lawrence College.